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IPFS News Link • Housing

Countrywide ends no down-payment lending

3-9-2007 • Reuters

Countrywide Financial Corp., the largest U.S. mortgage lender, told its brokers to stop offering borrowers the option of no-money-down home loans. Loans financing 100 percent of a home's value are among those that have led to a sharp rise in deli

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Reported By Powell Gammill

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Countrywide ends no down-payment lending

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