Countrywide Credit Industries's mortgage servicing portfolio will almost double by yearend 1998, to nearly $200 billion, and its share of the home loan originations market will rise to 5.8%, according to a new study.

"Countrywide's 5.2% share of the national origination market in 1993 and $52.5 billion in total production was heavily dependent upon its strong 7.9% refi share," according to an analysis by Jonathan Gray of Sanford C. Bernstein & Co., New York.

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