Mobile Mortgage News

Feds Approve Bank Of America?s Buyout Of Countrywide

posted 13 weeks ago on The Real Estate Bloggers

The Federal Reserve gave it's stamp of approval to Bank of America to complete their acquisition of Countrywide Financial Corp. After the announcement Ken Lewis, CEO of Bank of America, said that the deal would close in the 3rd quarter of 2008. If I had to guess, there were many in Bank of America's headquarters [...]

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