Countrywide Loses $1.2B, Eyes Turnaround

October 25, 2007

Countrywide Financial Corp. lost $1.2 billion in the third quarter, but its shares soared Friday after the nation’s largest mortgage lender said it expects to be profitable this quarter and next year.

*For more on this story,

read the full Associated Press article.

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Countrywide Loses $1.2B, Eyes Turnaround

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