More coverage of Countrywide’s travails
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Mortgage lender Countrywide Financial Corp., which is under investigation on allegations that it inflated certain borrowers’ fees, acknowledged Tuesday that it had made errors and pledged to take steps to improve its operations.
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The FBI has begun a criminal inquiry into the largest U.S. mortgage lender, Countrywide Financial Corp, for suspected securities fraud as part of investigations into the mortgage crisis, The New York Times reported in Sunday editions.
