Industry News

Countrywide’s real estate loan fundings sink

Demand for adjustable-rate mortgages jumps
Published on Aug 10, 2004

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by CareyBot

Countrywide Financial Corp. today reported loan fundings of $30 billion for July, a decline of 7 percent from the previous month. July’s funding total was a 43 percent decline from July 2003, which was the single largest funding month in ...