2008-02-05 — iamfacingforeclosure.com
Countrywide Financial Corp, the lender with the nation’s biggest home equity loan book, announced last week its $32.4 billion portfolio of prime home equity lines of credit is deteriorating rapidly.
Prime?? Gosh, that's not supposed to happen. It's almost like we're entering some sort of over-arching economic downturn here.
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