Countrywide Home Loans

Recent stories have covered Countrywide Home Loans on a wide variety of topics.

Amazing was a recent story in Crain's where readers were not only positive about Countrywide, several readers thought the Bank of America deal was the deal of the decade.

Here are some questions on Countrywide:

1) During the high time of the real estate market, how did their loans impact mortgage backed securities?

2) What impact did their business practices have on global banking?

3) How much responsibility do they have for the global credit crunch?

4) If the founder and top executive started selling shares in December 2006, why did wall street and financial markets continue supporting Countrywide?

With regard to Angelo Mozilo stepping down this coming week as the Bank of America transaction completes, It's about time.

See the link below for the story.