Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
7.00%0.01

LTV

Latest Posts

At Countrywide, Option ARM Woes Mount 

Aug 13, 2008By

In case you haven’t heard: option ARMs are a problem, and Countrywide holds ’em in spades. The Calabasas, Calif.-based lender’s latest 10-Q filing with the Securities and Exchange Commission underscores the pain that’s now flowing through the veins of Bank of America [stock BAC][/stock] (Countrywide filed a Q2 report because its acquisition wasn’t complete until July 1, for those curious to know).

3d rendering of a row of luxury townhouses along a street

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