Industry News

Countrywide boosts June loan production by 4%

Delinquencies, foreclosures also up sharply from last year
Published on Jul 16, 2007

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by CareyBot

Countrywide Financial Corp. managed to make $45 billion in mortgage loans in June — a 4 percent increase over the same month last year, despite “increasingly challenging” market conditions, the company said. Although Countrywide made significant cutbacks in funding of ...