Industry News

Countrywide reports rise in home loan apps

Lender slashes funding of risky loans, has best quarter of '06
Published on Jan 12, 2007

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by CareyBot

Home buyers are submitting more applications for loans, evidence that the housing market may be picking up steam. Countrywide Financial Corp. reported today that mortgage loan applications in December were up 11 percent from a year ago. That comes on ...