CEO Who Led Nation’s Biggest Subprime Lender Says He Has ‘No Regrets’

CEO Who Led Nation’s Biggest Subprime Lender Says He Has ‘No Regrets’: During the buildup of the housing bubble, one subprime lender stood above all others: Countrywide, which issued $97 billion of subprime loans, nearly $17 billion more than the next largest lender. The bank blew itself up via these loans, and was bought by Bank of America in early 2008. The $40 billion in losses and [...]/p