Book Review: The Foreclosure Of America - The Inside Story of Countrywide Home Loans
Posted by bookworm 412 days ago http://ownthedollar.com
Have you ever wondered how America got into this home mortgage meltdown mess? Have you ever wondered what those giant mortgage originators were thinking of when they invented interest only home loans with no income proof required and then were shocked when it blew up in their faces? Adam Michaelson recently wrote a book called, “The Foreclosure of America: The Inside Story of the Rise and Fall of Countrywide Home Loans, the Mortgage Crisis, and the Default of the American Dream“.
