Countrywide mortgage loan production sank 48 percent in October

Story date: 2007-11-13 10:57:00
Added on: 2007-11-13 13:00:25

CNBC - As of Oct. 31, the company's mortgage loan servicing portfolio was valued at $1.47 trillion, up 16 percent from October last year. The company services loans originated by other lenders. The company said some 5.89 percent of the loans in its servicing ...


Read more...

Related Stories:

• NovaStar to sell mortgage loan servicing rights for $175 million

  KSLA - Fort Worth, Texas-based Saxon will take over the responsibility of servicing mortgage loans NovaStar made and sold to investors through...
  2007-10-16 03:36:00

• Countrywide, Foreclosures, Home Sales: Global Real Estate Deals

  Bloomberg - Countrywide Says Foreclosures Doubled in Servicing Business Nov. 13 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, said...
  2007-11-13 02:10:00

• Countrywide: Home Loans Up From October (AP via Yahoo! Finance)

  Countrywide Financial Corp., the nation's largest mortgage lender, said Thursday its November home loan production increased a slight 5 percent from...
  2007-12-13 03:45:34

• Countrywide: Home Loans Up From October

  Forbes - Countrywide Financial Corp. , the nation's largest mortgage lender, said Thursday its November home loan production increased a slight 5...
  2007-12-13 03:43:00

• American Home Mortgage creditors challenge plan to sell loan-servicing ...

  CNBC - American Home, based in Melville, N.Y., was once one of the country's biggest mortgage lenders. The company, which collapsed into...
  2007-10-22 12:37:00

• Lone Star's Tender Offer for Accredited on Track for October 5 Finish ...

  Forbes - Accredited is in the business of originating, financing, securitizing, servicing, and selling non-prime mortgage loans secured by residential real estate....
  2007-10-04 05:13:00

• American Home seeks loan for servicing business

  Newsday - American Home Mortgage Investment Corp. is seeking court approval for a $35-million loan to keep its loan-servicing business healthy until...
  2007-11-14 02:34:00

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

  Bloomberg - Oct. 11 (Bloomberg) -- Countrywide Financial Corp., the largest U.S. mortgage company, said late payments at its servicing unit rose,...
  2007-10-11 08:11:00