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Archive Home > 2008 > October > 06 > Countrywide to set aside $8.4 billion in loan relief

Countrywide to set aside $8.4 billion in loan relief

By Gretchen Morgenson / The Bulletin
October 6, 2008

Countrywide Financial has agreed to the largest program ever to modify home loans, as part of a settlement with officials in 11 states, just days after the federal government adopted a giant financial rescue package without any relief for distressed homeowners.

Countrywide, the....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.