Countrywide Profit Down 33%

July 23, 2007

Countrywide Financial Corp., the largest U.S. mortgage lender, said on Tuesday quarterly profit slid 33% and slashed its full-year earnings outlook, hurt by rising defaults as the housing market slumps.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Centex Posts Quarterly Loss

Pimco’s Gross: Possible Double-Digit Drop in Stocks

staff-author

Countrywide Profit Down 33%

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Turion Space Raises $75M+

Rancho Mission Viejo Nears Final Phase in Rienda

Veritone flags $2.2M revenue reporting error

Related Articles

Turion Space Raises $75M+

Rancho Mission Viejo Nears Final Phase in Rienda

Veritone flags $2.2M revenue reporting error

Midday Stock Roundup: Staar Surgical Drops, Adagio Up

Michael Phipps New CEO of Christie

Advertise With Us

About Us

Subscriber Links

Other Journals