Wednesday, October 24, 2007

Countrywide to modify $16 billion in mortgages (The Philadelphia Inquirer)

Countrywide Financial Corp., the biggest U.S. mortgage lender, said yesterday that it would change the terms on $16 billion worth of adjustable-rate mortgages, making it easier for those homeowners to keep their properties.

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[Source: Yahoo! News Search Results for mortgages]

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