Countrywide to refinance $16B in loans to avoid reset shock (CNNMoney.com via Yahoo! Finance)

Story date: 2007-10-23 03:09:00
Added on: 2007-10-23 04:30:43

Countrywide Financial, the nation's largest mortgage lender, announced a program Tuesday to refinance or modify up to $16 billion of its loans due to reset at higher payments through the end of next year.


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