25 Jul
Posted by Richard Dougherty as Foreclosure
Countrywide’s Net Declines 33 Percent on Home Equity (Update7) (Bloomberg.com) July 24 (Bloomberg) — Countrywide Financial Corp., the biggest U.S. mortgage lender, reported a third straight quarterly earnings decline and reduced its 2007 forecast as a growing number of consumers fell behind on home-equity loan payments. Foreclosure fallout (The Union) Sluggish home sales, falling prices [...]
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