Foreclosure Crisis News: Bank of America Tries to Straighten Out Mortgage
Files - WSJ.com
Cleaning up the mess is a huge challenge for the Charlotte, N.C., bank, a
modest player in the mortgage-servicing industry before the 2008 acquisition
of Countrywide Financial Corp. The takeover, encouraged by the Treasury
Department, ballooned the size of the combined company's servicing unit to
14 million loans from four million.
http://bit.ly/9iOkhk
Source:
http://online.wsj.com/article/SB10001424052748704477904575586061990937370.html
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