Perspective
Apr. 18, 2012
Countrywide: modern day David versus Goliath
Countrywide's mortgage fraud case pits unsophisticated consumers againts de facto Goliaths. By Tiffany Heah
Imagine that you are one of 60 percent of Americans affected by the real-estate crisis. You have at this point either lost your home to foreclosure or lost much of your home's equity. You may even owe more on it than it is now worth. Many may argue that there are several key causes of the collapse of the residential real-estate market and the resulting world-wide financial crisis. One cause that resounds as the most sinister, is fraud. ...
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