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Lenders in the News

Countrywide lending slides, cuts nearly 5,000 jobs | 2007-10-11

Countrywide Financial Corp (CFC.N: Quote, Profile, Research) funded 44.3 percent fewer mortgage loans in September as it eliminated nearly 5,000 jobs to cope with lower lending volume and increasing delinquencies and defaults, the company said on Thursday.


2007-10-11

Source: Reuters
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