Bank of America Completes Countrywide Purchase
Posted by Paul Jackson on Jul 1st, 2008
2008
Jul 1
The most-discussed mortgage transaction in industry history is complete, with Bank of America Corp. (BAC: 23.78, -0.38%) saying Tuesday morning that it had completed its purchase of mortgage industry giant Countrywide Financial Corp.
Cue the memoirs, and the forward-looking analyses of what lie ahead for the North Carolina-based bank, which now becomes the nation’s largest [...]