UPDATE 2-Countrywide bad loans rise, cuts nearly 5,000 jobs

Story date: 2007-10-11 02:59:00
Added on: 2007-10-11 21:55:14

Reuters - NEW YORK, Oct 11 (Reuters) - Countrywide Financial Corp (CFC.N: Quote , Profile , Research ) said on Thursday it funded 44 percent fewer mortgage loans in September as it tightened lending standards, while delinquencies increased and foreclosures ...


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