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Survey Finds Primary Reason People are Borrowing for Home Improvement is to...

Bank of America recently commissioned a survey done by MARC Research on the reason for people taking out home improvement loans. 60% of those surveyed claim that their goal is to increase the home’s...

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Who Do Mortgage Customers Like Best?

J.D. Power and Associates released their results of a study of mortgage lenders and customer satisfaction. The 2006 Primary Mortgage Origination Study is based on responses from 4,115 consumers who...

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Bank of America Makes Investment in Countrywide Financial

Bank of America Corporation has made an investment in Countrywide Financial Corporation, the largest mortgage lender in the United States. Bank of America will invest $2 billion in the form of a...

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Bank of America Agrees to Purchase Countrywide Financial Corporation

Bank of America Corporation has announced a definitive agreement to purchase Countrywide Financial Corp. in an all-stock transaction worth approximately $4 billion. The purchase will make Bank of...

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Service Employees International Union Says No to Bank of America Countrywide...

The nation’s fastest-growing union, the Service Employees International Union, calls the combination of the United States’ largest mortgage lender with largest bank when both institutions are facing...

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