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Countrywide Sale

Bank of America wins approval to buy Countrywide

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — The Federal Reserve on Thursday approved Bank of America Corp.'s purchase of distressed mortgage lender Countrywide Financial ...

Stocks Rise On Potential Countrywide Buy

AP | Madlen Read | Posted 05.25.2011 | Business

A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is ...

Bank of America To Buy Countrywide For $4B In Stock

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

Bank of America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock, a deal that both rescues the country's largest m...