I've been a bit hesitant to discuss this as I am not really sure what it's going to mean from a brokers perspective. I think the picture will become a little less fuzzy as we move along in 08. Sound like the deal will probably come to fruition somewhere in Q3 of this year.
Questions running through my mind?
Will BOA put the cabash on Countrywide's Wholesale activities like they did their own?
Will this help the economy? Is it better than if Countrywide had to declare BK?
How many more radical changes can this industry take?
BOA - Countrywide Deal
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2 comments:
Great questions! I think a lot of brokers are wondering the same thing!
Can you say monopoly?
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