Nearly 1 in 10 Countrywide loans 30 or more days past due

Just read Peter Viles LA Land blog, “A spokesman for Bank of America, which now owns Countrywide, tells the Journal 9.53% of all loans owned by Countrywide were 30 days or more past due as of the end of April.”  That figure is astonmical - nearly one in ten loans!  

Read the remainder of Peter's post 

 

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