Loan Administration

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Countrywide Touts Loan Mods

Sep 24, 2007By

Countrywide Financial Corporation (NYSE: CFC) went on the offensive today, touting that its loss mitigation efforts have helped keep 35,000 borrowers in their homes this year. The nation’s largest lender said that it had performed more than 17,000 loan modifications — with the rest of the total, I’m assuming, coming from repayment plans, postponements and/or refinancing. From the press release:

3d rendering of a row of luxury townhouses along a street

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