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Bank of America

Countrywide provided mortgage servicing for nine million mortgages valued at $1.4 trillion

Monday Dec 31, 2007
Calabasas, California, U.S.

The acquisition was seen as preventing potential bankruptcy for Countrywide. Countrywide, however, denied that it was close to bankruptcy. Countrywide provided mortgage servicing for nine million mortgages valued at $1.4 trillion as of December 31, 2007.


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