Who has Countrywide's portfolio?

[Kevin Cardinale]

Who has Countrywide's portfolio?

I punch the parcel number in voila the records come up on the clerk's website. I scroll down to the bottom and gasp: ASSIGNMENT - countrywide.

I spent one day trying to find the owner of a home that belonged to countrywide some time ago. I was bounced, transferred, referred to, and ended up on the desk of a portfolio manager of every major bank and even got to the desk of some government agency.

What was really funny was, the portfolio managers were so intrigued that I got to them. I know they are normally in some ivory tower. They were really stunned by my Chinese phone number.

However, they couldn't help me. One suggested that I buy an entire asset book of countrywide... we're talking millions.

Who actually owns these assets of countrywide now? off the top of your head, if you happen to know.

[Wayne Brooks]

"buy any lien..." sounds simple, huh? You may could foreclose on a lien/mtg (depending on the lien and state Homestead protections) and send it to an auction perhaps, but that auction would be public any you'd be bidding against everybody else in the world. Your only advantage would be in whatever discount you got when you bought the lien, depending on what position it's in.