on the subprime lending fiasco (mp3) part 1 and part 2.
If you want to understand the scope of the subprime mess, consider the fact that only 3 years ago Countrywide loaned money to someone who paid $465,000 for this house in Vista:
The house is now on the market for $180,00. Hat tip Calculated Risk.
If you want to understand the scope of the subprime mess, consider the fact that only 3 years ago Countrywide loaned money to someone who paid $465,000 for this house in Vista:
The house is now on the market for $180,00. Hat tip Calculated Risk.