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US mortgage lender offers to refinance loans (Stuff)

Story date: 2007-10-23 05:03:18
Added on: 2007-10-23 20:00:42


Countrywide Financial, the largest US mortgage lender, offered to refinance or modify up to $US16 billion ($NZ21 billion) of adjustable-rate mortgages through the end of 2008 to help about 82,000 borrowers who face higher payments stay in their homes.


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