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Sunday, Feb 25, 2024

Bank of America’s offers to modify Countrywide home loans top 100,000

Bank of America Corp. says it offered to modify more than 100,000 home loans in a four-month period, more than double the number required under its settlement of accusations of predatory lending that California and other states brought against Countrywide Financial Corp. The giant bank acquired Calabasas-based Countrywide as the then-leading U.S. home lender’s financial situation deteriorated last year. For the full story click here

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