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Archive for January 11th, 2008

BofA transaction hopefully will lead to more

Posted by admin on January 11th, 2008

Banking behemoth BofA purchased Countrywide financial for 4 billion and some change.
Ok, so what?  Well, I actually think it is a very positive thing and a sign of hopefully more to come.
First, Countrywide apparently held nearly one in every six mortgages in America at one time.  That seems high to me, so feel free to [...]