So I go read the news, and see that Countrywide is experiencing economic nausea. This is a PRIME lender, folks, not a subprime operation. They are worried about defaults by the MOST creditworthy borrowers. Read :
http://news.yahoo.com/s/ap/20070724/ap_on_bi_ge/earns_countrywide_3
They don't seem to have any faith in the the campaign season, as I have.
Tuesday, July 24, 2007
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