Countrywide says foreclosure rate at new record (Reuters)

Story date: 2008-02-15 05:52:12
Added on: 2008-02-15 06:00:17

NEW YORK (Reuters) - Countrywide Financial Corp, the largest U.S. mortgage lender, said on Friday foreclosures and late payments rose in January to the highest on record, reflecting the nation's deepening housing and credit crunch.


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