NEW YORK (Reuters) - Countrywide Financial Corp, the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, sending its shares tumbling for a second day to their lowest in nearly 13 years.

Countrywide Financial, the nation's largest home loan lender, reported Wednesday that foreclosures and late payments on mortgages in December soared to their highest levels in five years.

A survey says fewer credit card users were late. Delinquencies on home equity lines rose. Late payments on credit card bills slipped in the second quarter while delinquencies on home equity lines of credit climbed to a 5 1/2 -year high, painting a mixed picture of how people are managing their debt.

Delinquency rates on residential mortgages rose in Pennsylvania in the second quarter, propelled by a sharp increase in late payments by homeowners with spotty credit histories, a trade group reported Thursday.

Delinquency rates on residential mortgages rose in Pennsylvania in the second quarter, propelled by a sharp increase in late payments by homeowners with spotty credit histories, a trade group reported Thursday.

Delinquency rates on residential mortgages rose in Pennsylvania in the second quarter, propelled by a sharp increase in late payments by homeowners with spotty credit histories, a trade group reported Thursday.