countrywide mortgage


Countrywide Mortgage

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Countrywide Mortgage Corp August 21, 2007 - So countrywide had to call an $11 BILLION credit line. Surprised? Not really. After attempting to refinance my house over the past few months, it seems every smaller bank and mortgage broker, .

Countrywide mortgage loan production sank 48 percent in October San Jose Mercury News, USA - 32 minutes ago Countrywide, the nation's largest mortgage lender, generated $21.9 billion in mortgage loan fundings in October, down 48 percent .

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Forbes - Countrywide Financial Corp. , the nation's largest mortgage lender, said Thursday its November home loan production increased a slight 5 percent from October but showed a 40 percent drop from the same month last (more.)

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Countrywide Financial offered hope Monday that it might avoid the fate of other troubled lenders. The mortgage company revealed that it has cash access that could help it survive brutal industry conditions. In Monday filings with the .

Countrywide Mortgage Tricks Continue (CFC) "Just when it seems that the mortgage madness is trying to work itself out, there was a surprise in the piles of mail this weekend: a 40-year mortgage offering from Countrywide Financial Corp. .

Countrywide Mortgage foreclosures are up. As of February 2007, the company reports that foreclosures have doubled from this same time a year ago. They attribute the rise to more lenders tightening the requirements for their loans and .

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Countrywide Mortgage Corp August 21, 2007 - So countrywide had to call an $11 BILLION credit line. Surprised? Not really. After attempting to refinance my house over the past few months, it seems every smaller bank and mortgage broker, .

The investigation in Illinois, which was first reported in the New York Times, grew out of a probe into broker One Source Mortgage, which the state has charged with luring borrowers into loans they couldn't afford. Countrywide was the .

Countrywide Home Loans- Equity, Refinance, and Purchase. Whether you need a home equity loan, to refinance your mortgage or purchase a house, Countrywide Home Loans can meet your needs .

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Angry and frustrated Countrywide borrowers will now be able to take action against them. People thinking about obtaining a Countrywide mortgage or a Certificate of Deposit will be discouraged from funding their predatory activities. .

On August 18th, I wrote "It's my opinion that Countrywide's troubles aren't over yet, but I hope they are able to hang in the mortgage business as foreclosure continue to rise in many areas of the country. The loss of jobs and stability .

An excellent NYT article alludes to Countrywide Mortgage's AOL-esque culture of phone reps only concerned about boosting their personal stats, regardless of the ruin it would spell for its customers.. [[ This is a content summary only .

After nearly a full year of declining home sales, widespread homebuilder and home “investor” trauma and some precursors of the mortgage-credit implosion, the backdrop was clearly set for a larger and more pervasive unveiling of one of .

New York Times CONSIDER an example provided by a former mortgage broker. Say that a borrower was persuaded to take on a $1 million adjustable-rate loan that required the person to pay only a tiny fraction of the real interest rate and .

Direct lenders (ie Wells Fargo, Countrywide, B of A, US Bank, Chase and many others) have an agreement to work with mortgage brokers as long as they don’t have to pay for their business (rent, 401K, medical, etc.). .

NEW YORK -- Countrywide Financial said yesterday its mortgage fundings for September fell 44 percent from the same period a year ago, and the mortgage lender is now facing a potential federal investigation over the timing of stock sales .