Commentary by Joshua Dorkin | January 10, 2009This episode features hosts Joshua Dorkin & Charles Feldman talking about predatory lending and how lenders won’t work with borrowers regarding pre-payment penalties unless they fall behind on their loan. The topic hits home with Josh and he tells Countrywide how he really feels about it.
Commentary by Joshua Dorkin | September 7, 2007The nation’s largest lender, Countrywide, tonight announced that in an effort to cut costs and essentially save the company, it would be cutting 12,000 jobs. The cuts, amounting to as much as 20 percent of its work force, are needed because the company expects new mortgages to fall about 25 percent in 2008 from this [...]
Joshua Dorkin
Will The Feds Nationalize Bank of America?
by Rob K. Blake | February 7, 2009There is a plethora of speculations buzzing around Wall Street with the central theme being Bank of America (NYSE: BAC) our nation’s largest bank…and biggest “cleaner upper” of the financial crises buying both Merrill Lynch and Countrywide Home Loans before they collapse…is going to get “taken over” by the government. Oh my God! The sky [...]