Countrywide delinquency rate hits 7.47%

``Delinquencies in Countrywide's servicing portfolio increased to 7.47% in January, up from 7.2% the previous month and 4.32% in January 2007... Foreclosure rates as a percentage of unpaid principal balance increased to 1.48% in January, up from 1.44% in December and 0.77% in January 2007.''