Countrywide's Optimism: Calling a Mortgage-Market Bottom
Not to say Countrywide CEO Angel Mozilo might not be right today in his upbeat fourth-quarter forecast for the mortgage market -- if nothing else, the 20+% gain in his stock is something to behold -- but I'm trying to keep track of how many times he has called a near-term bottom in the mortgage market. Anyone done a better job keeping track of that stat than I have?1
