Countrywide Home Loans

  • Your Target for Financial Stocks
    As the trouble with subprime lenders unravel, we need to be ready to be proactive and grab financial stocks that are getting hammered for unfair reason. This means that the company is either getting involved very little in the subprime business or people are concerned that even the AAA rated loans will be seriously affected. That brings us to two possible candidates that I can think of: Washington Mutual Inc. (WM). This company has little if any mortgage borrowers with subprime credits. Washin Read More...
  • Countrywide - Insult to Injury
    Everybody likes a good villain, especially a quirky Captain Jack Sparrow who is easier to laugh at then actually run from. The only times you do not like one is when they own your house and still find ways to humiliate you and steal from you your last half-pence. I know I keep squawking about Countrywide, but seriously, there is plenty here to feast on and this is not a subject that is going to go away soon. I am going to follow this folly all the way to prison. The latest in their tales of woe Read More...
  • Abused Trailing P-E Ratio
    Many investors commonly misuse Price Earning (P/E) ratio during their analysis in determining fair value. Two years ago, we talked about the many common misuse of P/E ratio in stock analysis. Many common misuse of P/E ratio includes: Using trailing P/E, Neglecting earning growth, Ignoring one-time event, ignoring balance sheet and ignoring interest rate. Using trailing P/E in my opinion, is the most commonly abused feature of P/E ratio. Suppose that a stock has earning per share (EPS) of $ 3.59 Read More...
    • RELATED ARTICLES