Mobile Mortgage News

Countrywide helping 35,000 avoid foreclosure

posted 148 weeks ago on Mortgage Insider

Countrywide Financial, the top U.S. home lender, said today it's working hard to keep struggling borrowers in their homes. So far this year, it has worked on 35,000 troubled mortgages, sometimes working out plans for missed payments or refinancing the loan. Nearly half the time — 17,000 cases — it modified loan terms. It didn't give [...]
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