Countrywide launches program to refinance mortgages (Houston Chronicle)
Story date: 2007-10-23 11:18:30
Added on: 2007-10-23 18:00:24
Countrywide Financial Corp., the nation's largest mortgage lender, said today it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans whose interest rate is set to adjust by the end of 2008. Its shares fell more than 4 percent.
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