PASADENA, Calif. - Countrywide Credit Industries Inc. said it set another mortgage loan production record in September - $3.2 billion.

The total was more than triple the $950 million in September 1991. The company's servicing portfolio rose to $43 billion, from $20.4 billion in September 1991.

The nation's top mortgage lender said its loans-in-process pipeline reached an all-time high of $6.2 billion at Sept. 30, compared with $6 billion at Aug. 31 and $1.7 billion at Sept. 30, 1991.

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