Industry News

Countrywide’s home loan production dwindles

Pay-option, ARM funding down sharply from last year
Published on Dec 12, 2006

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by CareyBot

Countrywide Financial Corp. funded $37.8 billion in mortgage loans in November, an 11 percent decline from the same month last year and 8 percent less than last month. Although funding of all types of mortgage loans declined, the greatest difference ...