Industry News

Countrywide’s real estate loan fundings drop 24%

Co. reaches record levels in ARMs, home equity loans
Published on Sep 13, 2004

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by CareyBot

Countrywide Financial Corp. recently released its operational data for the month of August, showing that loan fundings reached $31 billion, an increase of 5 percent over the previous month. That total, however, represents a 24 percent decline from August 2003, ...