Countrywide's Cash-Strapped, But CEO Cashes In
Story date: 2007-10-11 03:56:00
Added on: 2007-10-11 17:00:25
Forbes - Rising delinquencies and default rates have plagued the mortgage industry for most of 2007. Countrywide, which previously packaged most of its loans as securities and sold them in the secondary market, saw the market for these securities dry up as ...
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