Oct 26: Investors heartened by Countrywide statements

Name: Oct 26: Investors heartened by Countrywide statements
Uploaded: 2007-10-26T16:10:52.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: Mortgage finance group reports loss but expects return to profit

Stacy-Marie Ishmael discusses Countrywide Financial, the mortgage finance group that posted a $1.2bn third-quarter loss. Investors took heart from the company's assurance that it will return to profitability this quarter, but S&P analysts are not so sure

October 26, 2007