Countrywide Financial "overweight," estimates raised - 2004-03-30
Analyst Bruce W Harting of Lehman Brothers maintained his "overweight" rating on Countrywide Financial Corporation, while upping his estimates for the company.
In a research note published yesterday, the analyst mentions that MSR (Mortgage Servicing Rights) recovery is unlikely in 1Q04 due to the low interest rates.
Read the full story at New Ratings