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To: Robert New who wrote (1645)	10/7/1998 2:46:00 PM
From: VivB	of 2346

Last week the company had an item about how their rate had dropped below 7% and anyone who had a mortgage rate greater than 7 & 1/2 percent should consider refinancing. Yesterday they released their September Operation results: "Yahoo - Countrywide Reports September Operations Data" biz.yahoo.com My dad said he was watching CNN earlier today and there was some kind of rumor about another mortgage company facing bankruptcy. I wonder if this is the story he was talking about: "Yahoo - "ContiFinancial denies bankruptcy rumor" biz.yahoo.com There is no mention of where the rumor came from, etc., but perhaps that is dragging down the other stocks in this sector?

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