Industry News

Countrywide’s August loan production off 24%

ARM fundings down dramatically from last year
Published on Sep 14, 2006

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by CareyBot

Countrywide Financial Corp. reports mortgage loan fundings for August were down 24 percent compared to last year, at $40 billion. Mortgage loan fundings for the year to date total $296 billion, down 4 percent from 2005. Adjustable-rate loan fundings for ...