Countrywide Financial hustled to make the loans. Bank of America, once again, is picking up the bill for the damages caused — the latest buffeting since the bank's disastrous acquisition of the Calabasas high-risk lender six years ago.
E. Scott Reckard, Los Angeles Times: Business
Wed, 07/30/2014 - 4:54pm
Countrywide Financial hustled to make the loans. Bank of America, once again, is picking up the bill for the damages caused — the latest buffeting since the bank's disastrous acquisition of the Calabasas high-risk lender six years ago.