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Countrywide Financial reports Q3 loss of $1.2B on mortgage woes (The Canadian Press via Yahoo! Canada News)

Story date: 2007-10-26 04:29:00
Added on: 2007-10-26 19:00:21


LOS ANGELES - Countrywide Financial Corp. lost US$1.2 billion in the third quarter, but its shares soared Friday after the largest U.S. mortgage lender said it expects to be profitable this quarter and next year.


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