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Mortgage Lenders Pressured To Offer Borrowers Relief As Foreclosures Surge (New London Day)

Story date: 2007-10-24 03:49:42
Added on: 2007-10-24 09:00:19


Los Angeles — Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.


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