BofA will reach the top with Countrywide deal.
Position | Charlotte |
Charlotte-based Bank of America is set to add "largest U.S. mortgage lender" to its list of credits, following the news it intends to purchase financially troubled Countrywide Financial in a $4 billion deal. The bank will add Calabasas, Calif.-based Countrywide's $1.5 trillion loan portfolio to its own, moving it up from its current ranking of fourth-largest, past JPMorgan Chase and...
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