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Bank of America says to spend up to $8.4 bln on Countrywide (AFP) | Boost Your Credit
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Bank of America says to spend up to $8.4 bln on Countrywide (AFP)

October 6th, 2008 by

a Countrywide Financial headquarters is seen in Calabasas, California. Bank of America has said it was ready to spend up to 8.4 billion dollars to restructure a troubled mortgage loan portfolio of a recently-acquired mortgage lender Countrywide.(AFP/Getty Images/File/David Mcnew)AFP - Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure a troubled mortgage loan portfolio of a recently-acquired mortgage lender Countrywide.

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