(Reuters) - NEW YORK, June 26 - Countrywide Financial Corp. shares fell to a two-month low and the cost to insure its debt rose Tuesday on market talk that the largest U.S. mortgage lender may be the target of a government probe related to subprime loans.
Shares of the Calabasas, California-based company began to decline on increased volume around 2 p.m. EDT. A report on theflyonthewall.com attributed the decline to "unconfirmed chatter of a subprime loan investigation."
Read more at Reuters.com Bonds News
Shares of the Calabasas, California-based company began to decline on increased volume around 2 p.m. EDT. A report on theflyonthewall.com attributed the decline to "unconfirmed chatter of a subprime loan investigation."
Read more at Reuters.com Bonds News
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