Countrywide Views


The allegations against Countrywide are noteworthy in a number of respects. In particular are the beliefs of the SEC brought against this failed subprime mortgage market leader. Their Executive elite are alleged to have gained a corporate philosophy that failed to provide greater scrutiny of predatory lending practices. In general the law will look to some measure of causal effect that can support or validate the allegation of unconscionable practices

In the Countrywide matter, the gravamen is for understanding why a market leading industry giant fell victim to unconscionable lending practices . . .was it simply “greed” ?

M. Soliman
Expert.Witness@live.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: