Why did Countrywide stop offering 100% financing on their mortgage loans?
As of March 12th. They now require 5% down. Is it because banks are underwriting to many garbage loans?
Losses how? No vague or arbitrary statements please.
As of March 12th. They now require 5% down. Is it because banks are underwriting to many garbage loans?
Losses how? No vague or arbitrary statements please.