As foreclosures surge, mortgage lenders urged to help borrowers (The San Francisco Examiner)
Story date: 2007-10-23 02:27:58
Added on: 2007-10-23 15:00:19
LOS ANGELES ( Map , News ) - Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.
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