Countrywide: $1.2B loss now, but profit soon
Story date: 2007-10-26 06:56:00
Added on: 2007-10-26 07:45:45
CNN Money - Rising delinquencies and default rates in mortgage loans made investors wary of buying those securities, particularly those backed by subprime loans made to borrowers without top credit scores, as well as other loans that did not conform to standards ...
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Not As Bad As Expected For Countrywide
Forbes - Countrywide has responded decisively and taken the steps we believe are necessary to address the current challenging market ... Countrywide...
2007-10-26 10:38:00 -
Countrywide Rises Despite Loss
Forbes - Countrywide and other lenders are reeling as borrowers default on their loans at higher rates. The spiking defaults have forced...
2007-10-26 07:25:00 -
RPT-UPDATE 1-Countrywide's credit default swaps tighten 65 bps - Reuters
NEW YORK, May 29 (Reuters) - The cost of protecting Countrywide Home Loans' debt against default fell for a second day on...
2008-05-29 08:09:00 -
Countrywide Made Home Loans to Gorelick, Mudd - Wall Street Journal
Countrywide Financial Corp., the biggest U.S. mortgage lender, made large, previously undisclosed home loans to two additional executives of Fannie Mae ,...
2008-09-24 10:38:00 -
AP Business NewsBrief at 5:50 p.m. EDT
CNBC - Some experts _ and hedge fund investors who have made big bets that the mortgage ... default rates on bonds...
2007-09-09 02:54:00 -
Countrywide Debt Risk Soars on Speculation of Funding Shortage
Bloomberg - Credit-default swap investors started demanding upfront payments to take on the risk that the biggest U.S. mortgage lender will default...
2007-11-20 11:03:00 -
UPDATE 1-Countrywide default swaps surge, trade upfront
Reuters - ... the home loan unit of Countrywide Financial Corp (CFC.N: Quote , Profile , Research ) jumped on Tuesday...
2007-11-20 01:55:00 -
California lawsuit says Countrywide Financial steered borrowers to ...
International Herald Tribune - LOS ANGELES : Several people who took on home loans from Countrywide Financial Corp ... The mortgage lender...
2007-12-21 06:04:00