Will Countrywide Home Loan Layoffs Affect St Cloud Market?
I'm hearing the rumors that Countrywide Home Loans is planning on laying off some 1200 workers here in the midst of bankruptcy rumors that are floating around. Countrywide Home Loans has stated resoundingly that they will not be going into bankruptcy today after huge losses on Wall Street. My biggest concern is that people who are looking to get a home loan don't have their lender disappear on them overnight. Does anyone out there know if these potential layoffs will be affecting the St Cloud MN real estate community?
Jason Tangen, GRI - Real Estate Broker Associate with Edina Realty St Cloud
www.StCloudEdina.com - Search Homes for Sale on the St Cloud MLS
