Tracking Countrywide

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If you haven’t noticed, we enjoy numbers and statistics on this blog. Today Countrywide reported its operational statistics for September, which we took as an opportunity to lay out some recent metrics for Countrywide -- which we consider the best proxy out there for the entire mortgage industry.

Month Mortgage fundings Delinquencies* Foreclosures**
March $43.2 B 4.29% .69%
April $40.5 B 4.45% .69%
May $44.4 B 4.71% .71%
June $45.3 B 4.98% .74%
July $39.1 B 5.10% .79%
Aug. $34.4 B 5.05% .89%
Sept. $21.2 B 5.87% .92%

*Delinquencies, as a percentage of loans serviced
**Pending foreclosures, as a percentage of loans serviced

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