Getting as Far from Bad Mortgages as Possible
Is there anyone a bad mortgage can’t bring down? I mean, let’s be honest: we all knew Jose Canseco was a prime candidate for a “Behind the Music” style denouement. And Canseco hasn’t done much to make anyone feel bad he’s losing his house. Some might call it Just Desserts.
The same can’t be said for Ed McMahon. His hearty baritone guffaws entertained for decades on “The Late Show with Johnny Carson”, and his intro to the same inspired one the great moments in cinematic history. I’m hoping for an 11th hour save from his old employers at Publishers Clearing House.
And now, with one of the most contentious vice presidential selections of all-time looming, a key member of Barack Obama’s VP selection committee has been forced to step aside due to his receipt of perhaps the only payable mortgage Countrywide ever issued. You had to be “in” with Countrywide CEO Angelo Mozilo to get such a deal, however, and that’s definitely going to put you “out” with the Democrats.
So, lest you suffer a similar fate as these three, here’s a list of properties over 3,000 miles from Countrywide’s corporate headquarters. Homeowners across Boston can only pray that’s far enough.
4 Charlesgate E #304
Back Bay, MA 02215
1 Bed/1 Bath
680 sq. ft.
$419,000
Miles from Countrywide Headquarters: 3001.2
34 Comm Ave #3
Back Bay, MA 02116
1 Bed/1 Bath
1,086 sq. ft.
$799,000
Miles from Countrywide Headquarters: 3002.2
17 Bowdoin St #2B
Beacon Hill, MA 02114
1 Bed/1 Bath
428 sq. ft.
$300,000
Miles from Countrywide Headquarters: 3004.6
Barney Frank and the Bailout Battle
