Inside the Countrywide Lending Spree
ON its way to becoming the nation’s largest mortgage lender, the Countrywide Financial Corporation encouraged its sales force to court customers over the telephone with a seductive pitch that seldom varied. “I want to be sure you are getting the best loan possible,” the sales representatives would say.
Drop Foreseen in Median Price of U.S. Homes
The median price of American homes is expected to fall this year for the first time since federal housing agencies began keeping statistics in 1950.
Economists say the decline, which could be foreshadowed in a widely followed government price index to be released this week, will probably be modest — from 1 percent to 2 percent […]
As Woes Grow, Mortgage Ads Keep Up Pitch
Wall Street may have soured on the mortgage business. But on television, radio and the Internet, the industry is as ebullient as ever.
For example, Quicken Loans, no longer affiliated with the makers of Quicken software but the nation’s 25th-biggest lender, continues to run its signature spot on radio stations. “This is a rate alert,”
Flip That House
Flip That House Review
Shown on: The Learning Channel (TLC)
Flip That House is a half hour real estate show which details the trials and triumphs of novice real estate investors who flip houses.
What is house flipping?
House Flipping involves buying a house at a reduced price (usually one which requires a lot of repairs), remodeling the home […]