The Foreclosure of America: The Inside Story of the Rise and Fall of Countrywide Home Loans, the Mortgage Crisis, and the Default of the American Dream

摘要

At the height of the housing bubble earlier this decade. Countrywide Financial funded one out of every five mortgages in the United States. The decisions made by managers at Countrywide played a key role in creating the housing crisis that triggered a worldwide recession. In The Foreclosure of America, former Countrywide Senior Vice President of On Line Marketing, Adam Michaelson, provides an insider's view of what went wrong at the mortgage giant and in the U.S. mortgage industry as a whole.