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Bank of America's Acquisition of Countrywide: Statement from Martin Eakes CEO of Self Help and the Center for Responsible Lending

DURHAM, N.C., Jan. 11 /PRNewswire/ -- "Bank of America has the resources and the will to begin cleaning up the subprime mess that Countrywide has played such a large role in creating. We have nine months between now and the official merger date. This will be the most important period since the Great Depression for dealing with the millions of bad Countrywide loans that have pushed families to the brink of foreclosure. The number one priority during this critical period is fixing these bad loans and keeping people in their homes. [continue article]

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