Tuesday, June 12, 2007

Countrywide loans up 15 pct, foreclosures double

(Reuters) - Countrywide also said pending foreclosures as a percentage of unpaid principal balances rose to 0.90 percent from 0.45 percent a year earlier, and 0.85 percent in April.




Foreclosures based on the number of loans serviced rose to 0.71 percent from 0.47 percent a year earlier, and 0.69 percent in April, Countrywide said.


Read more at Reuters.com Business News

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