Anybody hear give or take a few B of A buying Countrywide?
I only just hear this rumor.
Answers:
That rumor have be around a while very soon. I believe they've talk, but zilch have happen nonetheless.
It could take place overnight though very soon, since CW is have liquidity troubles right very soon. The bank own be adjectives bad their lines of credit, consequently taking over the company when they can't do business anymore. Slick passageway to steal a company, really.
it's be going around for a while in truth. who know, could evolve, bofa have be buying up adjectives sorts of stuff.
No did not hear this...But I will not step in a B of A branch for anything they are an aggressive company which in my belief do not respect or lift contemplation of their customers properly. Sorry if you do not agree.
B of A will not buy Countrywide, nor will any other conglomerate. Countrywide a short time ago took out $11.5 billion worth of loans to fund their operation, which mode whomever buys Countrywide will also inherit that debt. Plus that rumor have be floating around since January. There be initial discussions between the two sides where on earth BofA would leverage Countrywide's mortgage model and Countrywide would operate underneath BofA's federal wall charter.
Financial turmoil?
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Answers:
That rumor have be around a while very soon. I believe they've talk, but zilch have happen nonetheless.
It could take place overnight though very soon, since CW is have liquidity troubles right very soon. The bank own be adjectives bad their lines of credit, consequently taking over the company when they can't do business anymore. Slick passageway to steal a company, really.
it's be going around for a while in truth. who know, could evolve, bofa have be buying up adjectives sorts of stuff.
No did not hear this...But I will not step in a B of A branch for anything they are an aggressive company which in my belief do not respect or lift contemplation of their customers properly. Sorry if you do not agree.
B of A will not buy Countrywide, nor will any other conglomerate. Countrywide a short time ago took out $11.5 billion worth of loans to fund their operation, which mode whomever buys Countrywide will also inherit that debt. Plus that rumor have be floating around since January. There be initial discussions between the two sides where on earth BofA would leverage Countrywide's mortgage model and Countrywide would operate underneath BofA's federal wall charter.