Industry News

Countrywide mortgage production drops 12%

Adjustable-loan activity takes biggest hit
Published on Nov 9, 2006

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by CareyBot

Countrywide Financial Corp. today reported a 12 percent drop in mortgage loan fundings in October compared to the same month last year, as activity fell to $41 billion last month. Despite a boost in activity from September, year-to-date funding volume, ...

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