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Loan Modification

: Loan Modification & Home Loan News

Countrywide purchase keeps costing Bank of America

By Moe Bedard

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Image by Getty Images via @daylife For Bank of America, Countrywide Financial is turning into a fixer-upper home that keeps needing one more budget-busting repair. In January 2008, then-chief executive Ken Lewis called the Charlotte bank’s $4billion deal to buy the troubled lender a “compelling value.” But nearly three years later, the mortgage unit created [...]

Full post as published by Loan Modification & Home Loan News on November 04, 2010 (boomark / email).

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