2008-04-28bloomberg.com

Bank of America Corp., seeking approval of its Countrywide Financial Corp. takeover, plans to modify at least $40 billion of mortgages during the next two years to keep customers in their homes.

...

Both Bank of America and Countrywide have doubled their staffs to a combined 3,900 employees to handle troubled mortgages and this level will be maintained for a year after the acquisition, McGee said.

At least, they promise to. They'll try to.



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