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US mortgage firm sees $1.2bn loss

Story date: 2007-10-26 10:45:00
Added on: 2007-10-26 22:24:59


BBC Business - Earlier this week, Countrywide promised to set new terms or refinance $16bn worth of mortgages, in a bid to help those struggling to make payments. News of the turnaround comes after the firm announced 12,000 job losses in September as part of wider ...


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