Countrywide provided mortgage servicing for nine million mortgages valued at $1.4 trillion
Monday Dec 31, 2007 Calabasas, California, U.S.
The acquisition was seen as preventing potential bankruptcy for Countrywide. Countrywide, however, denied that it was close to bankruptcy. Countrywide provided mortgage servicing for nine million mortgages valued at $1.4 trillion as of December 31, 2007.
