Countrywide profit down 33 pct, slashes outlook

(Reuters) - NEW YORK, July 24 - Countrywide Financial Corp , the largest U.S. mortgage lender, on Tuesday reported a 33 percent decline in second-quarter profit and slashed its full-year earnings forecast, citing a difficult housing market.



Shares of Countrywide fell 8.7 percent in pre-market electronic trading.


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