The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Travis_Bickle	3/22/2007 1:32:42 PM
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Countrywide 2006 failed subrime loans could be new worst reuters.com o...145365920070322 WASHINGTON (Reuters) - Countrywide's subprime mortgage defaults for 2006 loans may exceed the company's highest on record, a company executive told a government panel examining mortgage lending. Countrywide's "worst single origination year was 2000, for which the cumulative foreclosure rate was 9.

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