Countrywide offers to help with bad mortgages
Story date: 2007-10-23 01:19:00
Added on: 2007-10-23 15:00:25
MSNBC - As subprime mortgages made from 2005 through the first half of 2007 defaulted at increasing rates, bonds backed by those mortgages began to lose value. More than 50 mortgage lenders have gone out of business this year. A seizure in the global credit ...
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