UPDATE 1-Countrywide's Mozilo concerned about underwriting
Story date: 2008-03-07 07:29:00
Added on: 2008-03-07 09:01:08
Reuters - ... he is "extremely concerned" that recent tightening of mortgage underwriting criteria has gone too far. "For the market to recover, underwriting guidelines need to strike a better balance between providing borrowers with access to loans and lenders and ...
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