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Old 03-14-2008, 03:31 AM   #5 (permalink)
lasvegasrealestate4u
 
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Status: Real Estate Forum Member
Join Date: Nov 2007
Posts: 52
Default Re: Countrywide Stock Falls to 13 year low...

The concern about Predatory lending has already surfaced

From the Illinois Attorney General's office ---> Office of the Illinois Attorney General - MADIGAN ISSUES NEW SUBPOENAS TO COUNTRYWIDE AND WELLS FARGO

More specifically, read this investigation that began in 2004 --> http://www.illinoisattorneygeneral.g...o_reporter.pdf

Page 6 is pretty disturbing and I would think this is going to be pretty hard to explain.

What I found really interesting was page 4 when you consider that Chicago really did not have a big increase in prices in the past 4 years compared to areas like... Las Vegas, Arizona, Florida, California.
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Specializing in the Master Planned Communities of Las Vegas Real estate including Red Rock Country Club Homes and Summerlin Real Estate. Thoughts and opinions about current Las Vegas Real Estate Trends.

Last edited by lasvegasrealestate4u : 03-14-2008 at 03:50 AM. Reason: Added to it
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