Countrywide Says Bad Mortgages Rise, New Loans Fall (Update2)

Story date: 2007-10-11 07:07:00
Added on: 2007-10-11 09:00:26

Bloomberg - Oct. 11 (Bloomberg) -- Countrywide Financial Corp., the largest U.S. mortgage company, said late payments at its servicing unit rose, foreclosures doubled and new loans fell 44 percent as housing sales slowed. Delinquencies as a percentage of unpaid ...


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