Wednesday, November 14, 2007

Countrywide Commercial Real Estate Loan Pipeline

In the Countrywide 8-K SEC filing Tuesday was a table that included the company's commercial real estate loan pipeline (hat tip idoc).

CountryWide Commercial Real Estate Loan Pipeline Click on graph for larger image.

In October, Countrywide had $752 Million commercial real estate loans in their pipeline, compared to $1,824 million last October and $1,323 million in September.

This is more evidence that the CRE boom is over.