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ID: 28083
Title: Countrywide says its earnings may fluctuate (Reuters)
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A sign points to a home for sale in a new subdivision in Vancouver, Washington, April 25, 2006. 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. (Richard Clement/Reuters)Reuters - Countrywide Financial Corp. , the largest U.S. mortgage lender, on Monday said it has low exposure to nonprime mortgages, but may still experience fluctuating earnings in the near term due to turmoil in the U.S. subprime market.


Category: Business/Company Earnings/
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Date Added: March 12, 2007 02:26:29 PM
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