Industry News

Countrywide loan production up slightly in October

Delinquencies approaching 6%
Published on Nov 13, 2007

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by CareyBot

Countrywide Financial Corp. boosted October loan production by 4 percent over the previous month, to $22 billion, funneling more than 90 percent of loan production through its banking division. Nonpurchase loans represented the majority of mortgage loans funded in October, ...