Countrywide

Countrywide saved by Bank of America now the consolidation phase is underway in the banking world will this mean less choice in the future? I would think so with the decimation of Sub-Prime and Alt-A markets it seems conforming and FHA are here to stay once more. There are still a number of ailing companies out there that need to close and help this problem wash out. A lender that comes to mind as the next biggest problem is Washington Mutual who I expect will follow the path of Countrywide to either being acquired for pennies of the dollar or closing their doors outright.


Take a look at the winners that made this list. www.mortgageimplode.com