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Mortgage firms feel heat to offer borrowers relief (The Tennessean)

Story date: 2007-10-24 12:09:08
Added on: 2007-10-24 03:27:49


LOS ANGELES — Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday that 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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