Bank of America Buys Countrywide The Charlotte-based bank is taking over the nation's biggest mortgage lender. Wall Street Journal reporter James Hagerty discusses what it means for the mortgage market and the economy.

Bank of America Buys Countrywide

Bank of America Buys Countrywide

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Bank of America is buying Countrywide, the nation's largest mortgage lender. Madeleine Brand talks to Wall Street Journal reporter James Hagerty about the deal and what it means for the mortgage market and the economy.