<P> 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 . </P>
<P> 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 . </P>
when did countrywide merge with bank of america
when did countrywide merge with bank of america
2008
2008