Countrywide Stock Hits 52-Week Low

Countrywide Financial Corp., the nation's largest residential lender and servicer, saw its share price fall 14% Tuesday to yet another 52-week low: $6.26. Countrywide, which has not filed any new statements with the Securities and Exchange Commission since Dec. 13, had no official news to report. Its 52-week high is $45.26. A story in the Tuesday morning edition of The New York Times cited allegations that a Countrywide employee may have recreated documents tied to a consumer's bankruptcy filing. A company spokesman said Countrywide, as a policy, does not fabricate documents. The company, based in Calabasas, Calif., can be found on the Web at http://www.countrywide.com.