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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (13762)	5/13/2004 2:05:04 AM
From: Elroy Jetson	Respond to of 110194

Ditech.com is General Motors. You can't lay toxic waste, like the loans they make, off onto someone else. If you want to find them look at GM's Balance Sheet under their GMAC subsidiary. LendingTree is a Broker that collects a fee for connecting desperate home owners with this list of desperate companies. secure.lendingtree.com Countrywide makes less crazy mortgages than Ditech, many of which can be securitized and many flow through or are held by their Federally Chartered Bank. So the federal government will eat some loss if their bank blows up, while most of the losers would be owners of CFC stock and debt.