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Top mortgage lender forced to be borrower (The Star-Ledger)

Story date: 2007-08-17 06:18:01
Added on: 2007-08-18 19:57:34


LOS ANGELES -- The credit mess forced Countrywide Financial, the nation's largest mortgage lender, to borrow $11.5billion yesterday, shocking financial markets already reeling from the growing credit crunch and threatening to make home loans harder to get.


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