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Mortgage industry feels pressure to give borrowers even more help (The Post and Courier)

Story date: 2007-10-23 09:51:39
Added on: 2007-10-23 22:00:17


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. But as defaults and foreclosures snowball,...


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