bank of america: Countrywide...Still in the news - 01/14/08 03:42 PM
Bank of America Corp is preparing to buy Countrywide Financial Corp, but they may be in for a little more than they expected! Federal Bankruptcy judges are starting to look more into the business practices of the problem ridden mortgage co. The latest - Countrywide admitted to not correctly crediting borrowers payments that … (0 comments)
bank of america: Countrywide - 01/11/08 11:49 AM
An article by Goldstein stated that Charlotte, N.C.-based Bank of America has reached an agreement to acquire Countrywide Financial. This would position them as the biggest mortgage originator and servicer in the United States. The $4 billion stock transaction, slated to close in the third quarter, calls for each Countrywide share … (2 comments)
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Bank of America Corp is preparing to buy Countrywide Financial Corp, but they may be in for a little more than they expected! Federal Bankruptcy judges are starting to look more into the business practices of the problem ridden mortgage co. The latest - Countrywide admitted to not correctly crediting borrowers payments that … (0 comments)
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