Covered in depth - including Countrywide and others, at
This is one of my speciality areas right now. Home prices absolutely are overheated <i>and so is the consumer.</i> Proof? How about all that record interest income reported by all the card issuers? Makes stockholders real happy. What's it make YOU if you're the one who charged up your credit card because you can't refi again and your HELOC is maxed out after the third Plasma TV?
Subprime Borrowers Causing Upside Surprise: What's Happening Here? [View article]
Let's try it again... top level blog at and the Countrywide specific hit at
Subprime Borrowers Causing Upside Surprise: What's Happening Here? [View article]
Covered in depth - including Countrywide and others, at
This is one of my speciality areas right now. Home prices absolutely are overheated <i>and so is the consumer.</i> Proof? How about all that record interest income reported by all the card issuers? Makes stockholders real happy. What's it make YOU if you're the one who charged up your credit card because you can't refi again and your HELOC is maxed out after the third Plasma TV?
Hmmmm.....