Friday, January 11, 2008

Confirmed: Bank Of America Buys Countrywide

It has been confirmed this morning by Bank of America that the bank has reached a deal to buy Countrywide Financial, America's largest mortgage lender.
B of A Buys Countrywide For $4 Bil. (CBS Marketwatch)
Countrywide Gets Rescue Deal (WSJ)
Bank To Buy Troubled Loan Giant (NY Times)

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