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Is Countrywide the Next to Crash and Burn?

Countrywide Financial Corp. could face bankruptcy if liquidity worsens, according to a Merrill Lynch & Co. analyst who downgraded the largest U.S. mortgage lender to “sell” from “buy”.

What’s my point here? Realtors and borrowers are much better off working with a reputable mortgage broker today than with a mortgage banker.

 

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