mortgage company

Was buying Countrywide a good idea?

Marketplace  Tue, 07/01/2008 - 17:25

Countrywide is officially part of Bank of America, but in the six months since B of A agreed to buy the mortgage company, its losses continued to build up.

Jill Barshay asks if B of A still thinks it got a good deal?


 

Troubled borrowers focus of BofA deal

Marketplace  Mon, 04/28/2008 - 16:15

The Federal Reserve is holding hearings in L.A. on Bank of America's planned acquisition of troubled mortgage company Countrywide.

Fair-lending advocates say the acquisition should include an obligation to help clients avoid foreclosure. Jeff Tyler reports.


 

10 resumes a day, no takers

Economic news - CNNMoney.com  Fri, 03/28/2008 - 08:52

A week ago, Joshua Hager was despondent. Laid off by a mortgage company, he has looked for jobs ranging from bank teller to risk analyst.

He was sending out as many as 10 resumes a day but was getting barely a nibble from employers or recruiters.