Countrywide Says Bad Mortgages Rise, New Loans Fall (Update3)

Story date: 2007-10-11 08:11:00
Added on: 2007-10-11 21:55:15

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. Overdue loans as a percentage of unpaid ...


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