Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans whose interest rate is set to adjust by the end of 2008. Its shares fell more than 4 percent. ...more

October 23, 2007

Countrywide Financial Corp. said Thursday that it had boosted its borrowing capacity by $12 billion, as the mortgage lender struggles to weather the slowdown in the housing market. ...more

September 14, 2007

Stocks advanced solidly Thursday, led by strong gains among the blue chips and mortgage lender Countrywide Financial Corp., which signaled a possible thawing in the credit markets with the announcement it had lined up additional financing. ...more

September 14, 2007

It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism, housing. ...more

September 4, 2007