Countrywide Lines Up Funds For $12 Billion In New Loans
117203
CALABASAS, Calif., Sept. 12 -- Countrywide Financial said Thursday that it had increased its borrowing capacity by $12 billion as it struggles to weather the slowdown in the housing market.
712441
Five banks in the New England region will announce a $125 million fund on Thursday to help subprime borrowers, the Boston Federal Reserve Bank said on Wednesday.
443148
Business & money: Qatari-backed investment fund planning Â£12bn cash bid, with two-thirds of deal financed by debt.
79730
Countrywide Financial Corp, the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, sending its shares tumbling for a second day to their lowest in nearly 13 years.
560533
Countrywide Financial Corp, the largest U.S. mortgage lender, said on Friday it plans to cut 10,000 to 12,000 jobs to cope with weak housing demand, rising foreclosures and tightening credit markets.
695961
Countrywide Financial Corp.,  the largest U.S. mortgage lender, said on Monday that  foreclosures rose to a five-year high and turmoil in the  subprime market may hurt earnings, and its shares fell.
343261
Countrywide Financial Corp , whose shares have tumbled on concern it might not survive the nation's housing crisis, said on Wednesday it made more loans than expected in the fourth quarter, though foreclosures among loans it services increased.
742059
Countrywide Financial Corp, the largest U.S. mortgage lender, and non-profit group Neighborhood Assistance Corp. of America said on Tuesday they are partnering to help borrowers stay in their homes.
745389
Countrywide Financial Corp. ,  the largest U.S. mortgage lender, on Tuesday said it made 15  percent more home loans in May as the pace of refinancings  increased, though the foreclosure rate doubled.
701762
Bank of America said to be in talks to buy beleaguered lender Countrywide Financial.
638584
Countrywide Financial Corp  said on Wednesday it helped more than 81,000 borrowers stay in their residences and avert possible foreclosures in 2007, by either modifying or otherwise restructuring their home loans.
535284
Bank of America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock, a deal that both rescues the country's largest mortgage lender and expands the financial services empire of the nation's largest consumer bank
666954
- Countrywide Financial Corp , which is in the middle of a crisis amid rising delinquencies and foreclosures, on Tuesday said it plans to offer refinancing options to subprime borrowers.
137079
- Mortgage lender Countrywide Financial Corp and housing advocacy group ACORN said they have reached an agreement to formalize workout programs to help borrowers with all types of subprime loans avoid foreclosure.
179562
Countrywide Financial Corp , the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, though it made more loans than expected in the fourth quarter.
593899
If you're struggling  with a mortgage you got from Countrywide Financial, you may be wondering what Bank of America's takeover plan bodes for your loan.
661541
LOS ANGELES -- Struggling lender Countrywide Financial Corp. said Friday it will cut as many as 12,000 jobs as it struggles to deal with challenging conditions in the mortgage industry.