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- Bank_of_America_Home_Loans abstract "Bank of America Home Loans is the mortgage unit of Bank of America. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006 Countrywide financed 20% of all mortgages in the United States, at a value of about 3.5% of United States GDP, a proportion greater than any other single mortgage lender.Bank of America Home Loans is composed of:Mortgage Banking, which originates, purchases, securitizes, and services mortgages. During the year ended December 31, 2005, the Mortgage Banking segment generated 59% of the company's pre-tax earnings.Banking, which operates a federally chartered thrift that primarily invests in mortgage loans and home equity lines of credit primarily sourced through its mortgage banking operation.Capital Markets, which operates as an institutional broker-dealer that primarily specializes in trading and underwriting mortgage-backed securities.Global Operations, which provides mortgage loan application processing and loan servicing.On January 11, 2008, Bank of America announced that it planned to purchase Countrywide Financial for $4.1 billion in stock. On June 5, 2008, Bank of America Corporation announced it had received approval from the Board of Governors of the Federal Reserve System to purchase Countrywide Financial Corporation. Then, on June 25, 2008, Countrywide announced it had received the approval of 69% of its shareholders to the planned merger with Bank of America. On July 1, 2008, Bank of America Corporation completed its purchase of Countrywide Financial Corporation. In 1997, Countrywide had spun off Countrywide Mortgage Investment as an independent company called IndyMac Bank. Federal regulators seized IndyMac on July 11, 2008, after a week-long bank run.".
- Bank_of_America_Home_Loans foundingYear "2009".
- Bank_of_America_Home_Loans keyPerson Barbara_J._Desoer.
- Bank_of_America_Home_Loans location Calabasas,_California.
- Bank_of_America_Home_Loans location Charlotte,_North_Carolina.
- Bank_of_America_Home_Loans netIncome "7.03538E8".
- Bank_of_America_Home_Loans operatingIncome "1.310274E9".
- Bank_of_America_Home_Loans parentCompany Bank_of_America.
- Bank_of_America_Home_Loans revenue "6.061437E9".
- Bank_of_America_Home_Loans type Bank_of_America.
- Bank_of_America_Home_Loans wikiPageExternalLink index.html.
- Bank_of_America_Home_Loans wikiPageExternalLink home.html.
- Bank_of_America_Home_Loans wikiPageExternalLink ats-ap-countrywide-lawsuitaug06,0,6712837.story.
- Bank_of_America_Home_Loans wikiPageExternalLink 20080111-1147-bankofamerica-countrywide-optional-timeline.html.
- Bank_of_America_Home_Loans wikiPageID "1349632".
- Bank_of_America_Home_Loans wikiPageRevisionID "637468866".
- Bank_of_America_Home_Loans foundation "1969".
- Bank_of_America_Home_Loans hasPhotoCollection Bank_of_America_Home_Loans.
- Bank_of_America_Home_Loans homepage home.html.
- Bank_of_America_Home_Loans keyPeople "Barbara J. Desoer, President of Bank of America Home Loans and Insurance".
- Bank_of_America_Home_Loans location "Calabasas, California, USA Charlotte, North Carolina, USA".
- Bank_of_America_Home_Loans logo File:Bank_of_America_Home_Loans.png.
- Bank_of_America_Home_Loans name "Bank of America Home Loans".
- Bank_of_America_Home_Loans netIncome "$703,538,000 US$".
- Bank_of_America_Home_Loans operatingIncome "$1,310,274,000 US$".
- Bank_of_America_Home_Loans parent Bank_of_America.
- Bank_of_America_Home_Loans revenue "$6,061,437,000 US$".
- Bank_of_America_Home_Loans type "Subsidiary of Bank of America".
- Bank_of_America_Home_Loans subject Category:Companies_based_in_Calabasas,_California.
- Bank_of_America_Home_Loans subject Category:Companies_disestablished_in_2008.
- Bank_of_America_Home_Loans subject Category:Companies_established_in_1969.
- Bank_of_America_Home_Loans subject Category:Mortgage_lenders.
- Bank_of_America_Home_Loans type Abstraction100002137.
- Bank_of_America_Home_Loans type CompaniesDisestablishedIn2008.
- Bank_of_America_Home_Loans type CompaniesEstablishedIn1969.
- Bank_of_America_Home_Loans type Company108058098.
- Bank_of_America_Home_Loans type Group100031264.
- Bank_of_America_Home_Loans type Institution108053576.
- Bank_of_America_Home_Loans type Organization108008335.
- Bank_of_America_Home_Loans type SocialGroup107950920.
- Bank_of_America_Home_Loans type YagoLegalActor.
- Bank_of_America_Home_Loans type YagoLegalActorGeo.
- Bank_of_America_Home_Loans type YagoPermanentlyLocatedEntity.
- Bank_of_America_Home_Loans type Agent.
- Bank_of_America_Home_Loans type Company.
- Bank_of_America_Home_Loans type Organisation.
- Bank_of_America_Home_Loans type Organization.
- Bank_of_America_Home_Loans type Business.
- Bank_of_America_Home_Loans type Organization.
- Bank_of_America_Home_Loans type Agent.
- Bank_of_America_Home_Loans type SocialPerson.
- Bank_of_America_Home_Loans type Thing.
- Bank_of_America_Home_Loans type Q43229.
- Bank_of_America_Home_Loans comment "Bank of America Home Loans is the mortgage unit of Bank of America. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006 Countrywide financed 20% of all mortgages in the United States, at a value of about 3.5% of United States GDP, a proportion greater than any other single mortgage lender.Bank of America Home Loans is composed of:Mortgage Banking, which originates, purchases, securitizes, and services mortgages.".
- Bank_of_America_Home_Loans label "Bank of America Home Loans".
- Bank_of_America_Home_Loans label "Countrywide Financial".
- Bank_of_America_Home_Loans sameAs Countrywide_Financial.
- Bank_of_America_Home_Loans sameAs m.04vt3m.
- Bank_of_America_Home_Loans sameAs Q1137260.
- Bank_of_America_Home_Loans sameAs Q1137260.
- Bank_of_America_Home_Loans sameAs Bank_of_America_Home_Loans.
- Bank_of_America_Home_Loans wasDerivedFrom Bank_of_America_Home_Loans?oldid=637468866.
- Bank_of_America_Home_Loans homepage home.html.
- Bank_of_America_Home_Loans isPrimaryTopicOf Bank_of_America_Home_Loans.
- Bank_of_America_Home_Loans name "Bank of America Home Loans".