PASADENA, Calif. -- Countrywide Credit Industries Inc., the nation's largest residential mortgage lender and servicer, said its single-family mortgage servicing portfolio increased to $101.1 billion as of Sept. 30, up 37% in the last year.

David S. Loeb, chairman, said the expansion was the second biggest for any month in the company's history. "Bulk acquisitions remain an important strategy for the continued growth of our servicing portfolio and amounted to $3.2 billion during the month," he said.

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