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Soured Loans Soar at Countrywide

Story date: 2007-10-11 08:11:00
Added on: 2007-10-11 09:00:24


Wall Street Journal - ... amid the continuing housing market slowdown. As a percentage of unpaid principal balance, delinquent loans jumped to 5.85% in September from 4.04% a year earlier, and foreclosures increased to 1.27% from 0.51%, the nation's largest home mortgage ...


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