Mortgage Insights by Andrew Clemente

Please find a link leading to Countrywide issuing a formal rebuttal that addresses the Sunday New York Times story about Countrywide and the press conference held earlier today by Senator Charles Schumer. The attached comment has been sent to reporters who have inquired about the N Y Times articl...

 Please find a link leading to Countrywide issuing a formal rebuttal that addresses the Sunday New York Times story about Countrywide and the press conference held earlier today by Senator Charles Schumer. The attached comment has been sent to reporters who have inquired about the N Y Times artic...

For those of you who don't know Bill Nazur, a great person with a diversified lending background.  Our paths crossed during my underwriting days at Washington Mutual.  After reading his and co-author Danielle Babb's book I found it very simple to read and easy to understand.  While I have an exte...

I was scanning the news today.  According to sources from RealtyTrac  July Foreclosures were 179,599 up 9% from June and 93% from 1 year ago.  Now I know there where not as many foreclosures in prior years so these increases seem greater than they are at first glance.  According to HUD this is mo...

I was scanning the news today.  According to sources from RealtyTrac  July Foreclosures were 179,599 up 9% from June and 93% from 1 year ago.  Now I know there where not as many foreclosures in prior years so these increases seem greater than they are at first glance.  According to HUD this is mo...

Years ago while I was in college there was an author my professor recommended.  Shame on me for not remembering his name (Peter...).  I do remember his advice which was brilliant.  I wanted to be a stock broker, so this advice was all about buying stock as the author was a portfolio manager for F...

The Home Loan Industry is ever changing.  Every lender is seeing changes being made. Some more drastically than others.  Just in:  Bank of America suspends all expanded criteria products until further notice. These products include but not limited to Stated Income/Stated Assets, Stated Income/Ver...

Here is a recent press release if you haven't seen it already.  If you recently bought stock in CW, then good for you!Countrywide Receives $2 Billion Strategic Equity Investment From Bank Of America 08/22/2007 CALABASAS, Calif., Aug. 22 /PRNewswire/ -- Countrywide Financial Corporation (NYSE: CFC...

I am here to help.  Obviously as an employee there are things I can share and other things would be considered insider-information and jeopardize my career with Countrywide.  The following came over with permission to broadcast.  Normally I would not re-post something like this but as people are ...

The Anaheim Home and Garden Show opened up this Saturday August 18, 2007.  Countrywide has a space and I took the first shift.  I would say 60-70% of every adult walking by had something to say. "Keep up the good work", "I can't believe you guys showed up today!" , "What's going on?", " " I hear ...