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Thu Mar 6th 17:02 PM | Rating: 0 0
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Will BofA Really Buy Countrywide?

I live in Western Massachusetts. In my area Bank of America is still one of the primary sources for 100% financing of real estate purchases. Additionally, Bank of America is agreessively pursuing equity credit lines and expansion of existing equity credit lines. The purchase of Countrywide is defensive to shore up a failing real estate market. I would short Bank of America.
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