Should India be able to decouple itself from US Subprime Impact?

Saturday, August 11, 2007

The Tip Of The Mortgage Crisis Iceberg (CFC)

As investors, we must always look for clues that signal future events. When it comes to the mortgage market and the health of consumer loans, we look at the big-name mortgage companies, such as Countrywide Financial (NYSE:CFC).

Unfortunately, the clues to the health of the mortgage industry that we are getting from Countrywide are not very encouraging.

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