Random Feed wrote an interesting post today on
Here’s a quick excerpt
Homeowners hoping for a loan modification with Countrywide would like to get to reconsider their options. Countrywide Financial, for excessive lending practices that caused outages known, now has so many bad debts on their books that it may tighten its loan modification services. Home Loan Modification allow defaulting borrowers to work out new terms with Countrywide so that they can avoid foreclosure and stay on the track. Countrywide began service, which through its Home Retention Division at

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wrote an interesting post today on
Here’s a quick excerpt
Since the debt crisis began with the eruption of the subprime mess in 2007, Wall Street pundits have declared “an end to the crisis” at least three times: in mid-2007, in early 2008, and now. Each time, the government intervened with massive amounts of money to tamp down fear. Each time, investors rushed back to take risks. And each time, stocks rallied sharply. But throughout these interludes, the big bets and bad debts that fueled the crisis continued to grow; the nation’s saving

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