All Entries Tagged With: "Countrywide Bank"
Bank of America (NSYE:BAC) and Countrywide debt
Bank of America Corp (NYSE:BAC) who back in July acquired Countrywide Financial Corp agreed to assume $16.6 billion of debt and guarantees of the bank it said in Monday.
At the end of April this year Bank of America the North Carolina-based bank was looking at all options for the Countrywide debt, which is estimated at [...]
Countrywide sued as homeowners conned into taking out risky loans
Bank of America’s (NYSE: BAC) Countrywide Financial have been sued by Connecticut after it has been said that the company pushed borrowers into taking risky loans that they
Countrywide workers fear Bank of America Corp will cut severance
Many workers at Countrywide Financial Corp now face the worry that new owners Bank of America Corp will force them in to an awkward position with their severance benefits; this means that many could end up losing their severance benefits.
The company have the Countrywide Change of Control Severance Plan