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The Foreclosure of America书籍详细信息
- ISBN：9780425233764
- 作者：暂无作者
- 出版社：暂无出版社
- 出版时间：2010-4
- 页数：354
- 价格：102.00元
- 纸张：暂无纸张
- 装帧：暂无装帧
- 开本：暂无开本
- 语言：未知
- 丛书：暂无丛书
- TAG：暂无
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内容简介：
Now in paperback-an inside look at Countrywide Home Loans and the mortgage crisis, from a former mortgage lender executive.
In July 2004, Adam Michaelson attended a high-level meeting at Countrywide Financial headquarters about a new loan product that would allow borrowers to pay less than their minimum monthly payment. The "finance jocks" believed that the booming housing market would only get bigger, supporting homeowners in a cycle of borrowing against their houses and refinancing later. They were wrong. And when the bottom dropped out, Countrywide suffered the consequences-as did millions of Americans.
With an insider's knowledge and thorough reporting on the impact on American families and the ripple effects on the economy, Michaelson examines the marketing of a mirage and the bad business decisions that destroyed a company, confronts the ethical questions that have arisen in the wake of the foreclosure crisis, and offers creative proposals to prevent such a meltdown from ever happening again.
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书籍介绍
Now in paperback-an inside look at Countrywide Home Loans and the mortgage crisis, from a former mortgage lender executive.
In July 2004, Adam Michaelson attended a high-level meeting at Countrywide Financial headquarters about a new loan product that would allow borrowers to pay less than their minimum monthly payment. The "finance jocks" believed that the booming housing market would only get bigger, supporting homeowners in a cycle of borrowing against their houses and refinancing later. They were wrong. And when the bottom dropped out, Countrywide suffered the consequences-as did millions of Americans.
With an insider's knowledge and thorough reporting on the impact on American families and the ripple effects on the economy, Michaelson examines the marketing of a mirage and the bad business decisions that destroyed a company, confronts the ethical questions that have arisen in the wake of the foreclosure crisis, and offers creative proposals to prevent such a meltdown from ever happening again.
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语言运用：7分
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思想传递：8分
知识深度：4分
知识广度：9分
实用性：5分
章节划分：3分
结构布局：9分
新颖与独特：5分
情感共鸣：7分
引人入胜：9分
现实相关：5分
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事实准确性：9分
文化贡献：9分
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