Wednesday, January 9, 2008

Daily news: Countrywide's home loan delinquencies surge

Daily news: Countrywide's home loan delinquencies surge, stock drops another 15% today after the nation's largest mortgage lender said , that delinquency and foreclosure rate of home loans in its portfolio surged in December 2007.

CFC ( ticker) trading at 4.62 down 71 cents or 13% on a day.

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