"Nobody Can Do What Countrywide Can"

Sound familiar---It should. The commercial has been running all across the fruited plains now for several months. I suppose they didn't get the memo that someone out there can do what Countrywide can...

"Bank of America would gain greater scale in originating and servicing mortgages in the U.S. Countrywide had $408 billion in mortgage originations in 2007 and has a servicing portfolio of about $1.5 trillion with 9 million loans. The purchase also includes Countrywide's Lender Placed insurance and other businesses."

Bank of America Agrees to Purchase Countrywide Financial Corp.