"Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank." This was the opening paragraph on Yahoo! News this morning announcing the expansion and of their now largest in the nation financial division. Most likely this will have little to no affect on those looking to buy a homes in Las Vegas in the next 6 months.
What is yet to be seen is how the long term results affects Las Vegas home buyers. Countrywide has a long standing reputation of great service and prices. I am interested to see if the Countrywide we all know and love will turn to the cold, difficult bank reputation we all try to avoid.