Bank of America Home Loans is the mortgage unit of Bank of America. In 2008,
Bank of America purchased the failing Countrywide Financial for $4.1 billion.
CHARLOTTE, N.C., July 1 /PRNewswire/ -- Bank of America Corporation today
completed its purchase of Countrywide Financial Corp. to create the nation's ...
Aug 21, 2014 ... Countrywide Financial became one of the nation's largest mortgage lenders
before Bank of America acquired it in 2008.Credit Richard A.
May 23, 2016 ... Bank of America Corp. was not liable for fraud nor subject to a penalty of more
than $1.2 billion for its actions before the economy collapsed in ...
Bank Of America Deal A Victory For New York Families ... The bank's acquisition
of mortgage lender Countrywide in 2008 has cost BofA more than $40 billion.
Jul 1, 2012 ... The ill-fated acquisition of Countrywide Financial has cost Bank of America more
than $40 billion in real-estate losses, legal expenses and ...
Jan 11, 2013 ... Five years ago today, Bank of America announced it was buying the troubled
subprime mortgage lender Countrywide Financial for $40 billion.
Jun 30, 2011 ... Just before Bank of America Corp. swooped in to buy Countrywide Financial
Corp. in 2008, the bank's then-chief executive, Kenneth D. Lewis, ...
Jul 30, 2014 ... Bank of America Corp.'s Countrywide unit was ordered to pay $1.3 billion in
penalties for defective mortgage loans sold to Fannie Mae and ...
May 23, 2016 ... The Bank of America building is shown in Los Angeles, California October ... a
mortgage program called "Hustle" run by the former Countrywide ...