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Countrywide and Wells Fargo Ride Booming Government-Insured Market in Early 2008
Countrywide ranked as the top issuer of Ginnie Mae securities through the first half of 2008, as a surge in FHA and VA lending pushed the program to record levels in the second quarter. Countrywide issued $16.95 billion of new Ginnie mortgage securities during the second quarter, lifting its...[includes one chart and one graph]
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