Countrywide loans!

[Fieldmouse]

Can you or I get these loans? You could if your a Democrat or have business before them! I just want to know where the left is? I have yet to hear them calling for investigations.

http://wsj.net/article/SB122230672551773977.html?mod=article-outset-box

[oldelkhunter]

How many of those assclowns are working on the Obama campaign?

[Champlain Islander]

There you have it. The priviledged getting a sub prime rate while the average joe was locking in at over 6%.

[DougMD]

I graded CFA exams for quite a few years with a guy who was a senior VP for Countrywide in CA. Wonder if he's selling hotdogs on a street corner now??

[Champlain Islander]

No .....chances are he took the money and ran. Most of the higher ups in the industry saw it coming.

[Fieldmouse]

ORIGINAL: DougMD

I graded CFA exams for quite a few years with a guy who was a senior VP for Countrywide in CA. Wonder if he's selling hotdogs on a street corner now??

No chances are he's working for Obama. Most of those folks on the list are.

[mudhead1s wife]

Okay I get really lost when it comes to financials, I seriously stink at math. So when it comes to most of this stuff I am clueless.

Our mortgage is through CountryWide. We refinanced our home a couple years ago when we bought new windows. We have a 30yr. fixed rate of 5.875 lower than we could've gotten from Wells Fargo at the time which is why my husband went with it. We haven't had any problems with our mortgage. Oh it is a convential loan what does that mean to anyone?

[Champlain Islander]

Good going MHead nice rate. With a conventional loan you aren't the problem as long as you can keep up with the payments. The borrowers who got suckered into no downpayment variable interest loans are the ones who started the landslide. When it costs the loan companies more to borrow money than what they take in it becomes their problem.

[boysda]

ORIGINAL: Fieldmouse

No chances are he's working for Obama. Most of those folks on the list are.

really? who?

I know johnson briefly headed up Obama's VP vetting committee. who else? or do you mean rick davis, the lobbyist for fannie who is also obama's campaign manag...oh wait...never mind about that last one. he's not connected to obama.

[Fieldmouse]

I didn't notice Davis on that list. Was he? I do see Dodd and Raines. Then we have Mudd. Hmmm under his watch Obama did very good with campaign donations. Got him the number 2 spot on the list right behind Dodd.