Comments on: Bank of America Catapults to #1 Position in Online Mortgage Lending with the Acquisition of Countrywide

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By: Ryan

Ryan — Wed, 03 Sep 2008 20:25:40 +0000

I don’t really see how companies who are forced to merge could be considered a good thing?

The fact is that alot of people lost alot of money, and thousands lost their homes. And the economy is considerably getting worse.

I don’t see any good in this.

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By: Kango Ling

Kango Ling — Sun, 27 Jan 2008 05:37:15 +0000

There might be some good coming out of the subprime mortgage crisis after all. If the BofA-Countrywide merger works out well, there might be other banks looking to take over troubled mortgage lenders.

By: Owen Raun

Owen Raun — Fri, 25 Jan 2008 16:47:45 +0000

LT, LMB, low.com and nextag do not originate loans - their lenders do however - so not sure if this is an apples to apples deal - you have a link for the Inside Mortgage Finance publication? Also, I always get a kick out of these stats - we buy leads from lendingtree, close and fund loans some of which we sell to Countrywide - so our #’s are in LT’s and CWides…
thanks

By: Allan Stewart

Allan Stewart — Fri, 25 Jan 2008 15:19:40 +0000

Nice to see, hopefully this will cut out some of the irritating comparison sites.

Thanks,

Allan