Singing Countrywide’s blues

[Joelle]

Singing Countrywideââ,¬â,,¢s blues
      

Late on Friday, Countrywide put out its annual report and duly noted the gloomy conditions plaguing its business. The top mortgage lender said it may see more credit losses as downward trends in the economy and in the real estate market conspire to boost delinquency rates. No surprises there.
But investors took the opportunity to bash [...]
         

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