Countrywide Says Bad Mortgages Rise, New Loans Fall (Update1)

Story date: 2007-10-11 06:24:00
Added on: 2007-10-11 07:51:43

Bloomberg - Oct. 11 (Bloomberg) -- Countrywide Financial Corp., the largest U.S. mortgage lender, said late payments on loans handled by its servicing business rose, foreclosures doubled, and originations fell 44 percent as housing sales slowed. Delinquencies as ...


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