Industry News

Countrywide lines up $12 billion in financing

August loan production falls 17% year-over-year
Published on Sep 13, 2007

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by CareyBot

Countrywide Financial Corp. said Thursday it had secured $12 billion in additional financing, even as loan fundings in August fell by 17 percent from a year ago and the company moves forward with plans to lay off up to 12,000 ...