Friday, January 11, 2008

 

Bank of America to Buy Countrywide Financial

Bank of America Corp. said on Friday it's purchasing Countrywide Financial Corp. for $4 billion, effectively doubling down on a previous investment in the troubled firm and catapulting the buyer into the top spot among mortgage lenders and loan servicers in the U.S.

Bank of America to Buy Countrywide Financial
Source: MarketWatch

This page is powered by Blogger. Isn't yours?