05-05-2008, 01:57 PM
I do not understand why someone with a mortgage from Countrywide particularly cares about the fate of Countrywide's equity shareholders. The debt that BofA is waffling on has nothing to do with you.
In fact, Fritz, your mortgage is (or at least was, when it was originated) an ASSET to Countrywide.
BofA's debt discussions have to do with how Countrywide was able to purchase or originate your mortgage in the first place.
The debate on whether we are or are not in a technical recession is totally valid. There are reasonable views on both sides.
In fact, Fritz, your mortgage is (or at least was, when it was originated) an ASSET to Countrywide.
BofA's debt discussions have to do with how Countrywide was able to purchase or originate your mortgage in the first place.
The debate on whether we are or are not in a technical recession is totally valid. There are reasonable views on both sides.