Countrywide Financial
Apr 30, 2008
Countrywide loses $893 million in the first quarter; Americans remain gloomy about the economy
“We are issuing common equity at this time as we continue to optimize our capital structure”
Countrywide Financial Corp. said Tuesday it lost $893 million in the first quarter, as rising loan defaults and a deepening housing downturn forced the nation's largest mortgage lender and servicer to sharply ... via Austin American Statesman
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