Bank of America ready to spend up to $8.4bln on Countrywide (AFP via Yahoo! News)

Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure the troubled mortgage loan portfolio of the recently-acquired mortgage lender Countrywide.

Source:Bank of America ready to spend up to $8.4bln on Countrywide (AFP via Yahoo! News)

This entry was posted on Saturday, October 11th, 2008 at 12:00 am and is filed under Mortgage Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.