Did you know that country wide is a bank? There is only one type of lender in the home mortagage market, banks. Mortgage brokers all work for or with banks. So I really don't understand waht you are saying. Are you saying that banks shouldn't be able to sell the mortagages that they originate to toher banks? If that's the case then how will money flow from one area of the country to another?

Jimmy Cayne just sold out all his shares for $61M.... This $10 deal is done, he sold at like $10.71 a share. Last January he was worth a BILLION.

Bwahahahahahahhahahahahahahhahaha

I do not think Jimmy's out of the woods yet as he is going to be a defendant in almost every lawsuit. What I find hard to take about the guy is the company he was at his whole life is going down and he is at some bridge contest. It might not have changed anything but you think the least he could do was walk the halls and give people some support. Complete wanker.