Countrywide in $16bn subprime rescue
Story date: 2007-10-23 08:33:00
Added on: 2007-10-23 09:00:24
Financial Times - Countrywide Financial , the largest US mortgage lender, said on Tuesday it would give new cheaper home loans to borrowers in $16bn of subprime mortgages facing interest rate resets before the end of 2008. The new scheme comes as the number of homes ...
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