| Title: | Bank of America/Countrywide: Rent-to-Own? |
| Price: | $150.00 |
| Publication Date: | Aug 23, 2007 |
| Source: | CreditSights Inc |
| Report Type: | Article |
| Abstract: | Countrywide's 8-K offered further details on BofA's strategic stake, including the big bank's ability to match any acquisition offers. We see BofA's stake as renting with the option to own coupled with a broader liquidity confidence play. |
| Brief Excerpt: | Bank of America/Countrywide: Rent-to-Own? Countrywide filed an #-K with additional details on Bank of America's $# billion convertible preferred investment BofA maintains the right to match any third-party buyout offer as long as it... |
| Word Count: | 1657 |
| Report Type: | Article |
| Topic: | Mortgages, Euro Markets Issuers, Capital Structure, Subprime |
| Format: |
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