Mortgage - Free Calculators

Countrywide Fundings Fall; Lines Up $12 Billion Credit

Countrywide issued its operational results for the month of August and it comes as no surprise that the numbers were down. Here is a recap of their results:

Loan fundings for the month of August totaled $34 billion, a 17% decrease from August 2006.

...Additionally, the Company recently arranged for $12 billion in additional secured borrowing capacity through new or existing credit facilities;