Countrywide moving to a Retail space a la Bank of America
Following on the success that Bank of America has with lending retail….countrywide is closing up 16 wholesale lending centers. You can read more about it on Morgan’s blog, Blown Mortgage.
The real estate market has certainly had some huge changes over the last year at a torrid pace - opening up plenty of opportunities for real estate investors to scoop up homes for fifty to seventy cents on then dollar. The remaining lenders are consolidating and also figuring out what businessn model to work with in this market.
Just as the lenders are changing up their business models, there is a need for real estate investors and realtors to change up their business model too! The best way to do that Powering Up with Web 2.o for your real estate - it is the MUST HAVE to not only increase your profits…but frankly - ton keep your profits!
Enjoy, Maria Gudelis
Filed under: Miscellaneous
