Conseco has announced that the company and its senior lenders have extended a forbearance agreement that originally was to have expired on Nov. 27.The agreement has now been extended to Jan. 11, 2004 "provided that other customary terms of the agreement are met," Conseco said. Conseco, the parent company of manufactured housing and home equity company Conseco Finance, has been struggling with various financial woes and been trying to sell its mortgage-related subsidiary. Conseco can be found online at www.conseco.com.
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