Countrywide sued for unfair lending; buyout approved
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080625/2008_06_25t143841_450x343_us_countrywide.jpg?x=130&y=99&q=85&sig=jCmlwAxdTYmHTmOV.CPCDQ--" align="left" height="99" width="130" alt="A Countrywide branch location is seen in Burlington, Massachusetts, May 5, 2008. (Brian Snyder/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080625/bs_nm/countrywide_dc)Reuters - Countrywide Financial Corp ,
widely blamed for helping foment the U.S. housing crisis
through free-wheeling lending, was sued for alleged deceptive
mortgage practices by officials in its home state of California
and in Illinois on Wednesday.</p><br clear="all"/>
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