Countrywide Bad Loans Rise, Cuts Nearly 5,000 Jobs

Story date: 2007-10-12 05:00:00
Added on: 2007-10-12 19:00:21

Reuters UK - NEW YORK (Reuters) - Countrywide Financial Corp (CFC.N: Quote , Profile , Research ) said on Thursday it funded 44 percent fewer mortgage loans in September as it tightened lending standards, while delinquencies increased and foreclosures more than ...


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