Industry News

Countrywide taps $11.5 billion credit line

Loan production being shifted to banking division
Published on Aug 16, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Countrywide Financial Corp. has borrowed $11.5 billion from 40 of the world’s largest banks and is speeding up plans to move its mortgage loan production over to its banking division, Countrywide Bank FSB. The move — announced a day after ...

Comments