{"id":1106,"date":"2008-10-08T10:41:10","date_gmt":"2008-10-08T15:41:10","guid":{"rendered":"https:\/\/hendersonbrook.net\/wp\/?p=1106"},"modified":"2008-10-08T10:41:10","modified_gmt":"2008-10-08T15:41:10","slug":"chat-with-countrywide","status":"publish","type":"post","link":"https:\/\/hendersonbrook.net\/?p=1106","title":{"rendered":"Chat with Countrywide"},"content":{"rendered":"<p>I phoned Countrywide today to see if I could get in on any of the sweet-sounding (2.5% interest) deals that are being offered to their <a href=\"http:\/\/www.bankruptcylawnetwork.com\/2007\/03\/10\/whats-a-228-mortgage-and-is-it-a-bad-thing\/\" target=\"_blank\">2\/28<\/a> customers.<br \/>\nTurns out, I can&#8217;t.<\/p><p><!--more--><br \/>\nThe Countrywide representative explained to me that these are for people who are really in distress &#8211; people with mortgage rates in the 2-figures.  He said I&#8217;d be horrified if I heard some of the same stories he has.<br \/>\nThe moral of the story is that this section of the private sector is taking care of business, as it should &#8211; without Henry Paulson or Barney Frank or the off-the-cuff proposal John McCain threw out in the debate last night.<br \/>\nMeanwhile, here&#8217;s a couple of links to some excellent NPR podcasts on why the banking crisis happened:<br \/>\n<a href=\"http:\/\/www.thislife.org\/Radio_Episode.aspx?episode=355\" target=\"_blank\">The Giant Pool of Money<\/a><br \/>\n<a href=\"http:\/\/www.thislife.org\/Radio_Episode.aspx?episode=365\" target=\"_blank\">Another Frightening Show About the Economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I phoned Countrywide today to see if I could get in on any of the sweet-sounding (2.5% interest) deals that are being offered to their 2\/28 customers. Turns out, I can&#8217;t.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1106","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=\/wp\/v2\/posts\/1106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1106"}],"version-history":[{"count":0,"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=\/wp\/v2\/posts\/1106\/revisions"}],"wp:attachment":[{"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hendersonbrook.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}