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NBC Today & Bad Loans

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Kevin A. Spellman

Senior Member
Joined
Aug 30, 2003
Professional Status
Certified Residential Appraiser
State
Massachusetts
A former Countrywide regional manager complaining about bad loan practices and inflated appraisals in Texas appeared on NBC 06/30/2008. He suing Countrywide for not being bad.
 
More entertainment for the seasoned masses.
 
I'm shocked...shocked... Sure.
 
If Countrywide was soooo bad, why did he continue to work for them? Why, rather than write letters to upper management regarding their practices didn't he write to Fannie or Freddie or his Senator????
 
If Countrywide was soooo bad, why did he continue to work for them? Why, rather than write letters to upper management regarding their practices didn't he write to Fannie or Freddie or his Senator????
And loose the job that supports 2 SUVs, 5,000 Sq.Ft. castle, vacation home, and all those perks and bonuses. It's funny how all the "angels" want their due credit in the face of an onslaught.
 
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