The Countrywide brand will be put out to pasture in April. “I can confirm that the combined Bank of America Mortgage and Countrywide Home Loans businesses will be branded as Bank of America Home Loans with a target date of April 27,” says BofA spokesperson Rick Simon. The mortgage unit is bulking up in certain areas, too. “To help meet and capture share of the current demand for mortgages, Bank of America is hiring about 1,000 associates in mortgage origination and processing across the country,” Simon explains. “This includes adding to our centralized retail sales capacity in the Charlotte area, hiring 300 associates to support our phone channel.” Most of the positions will be filled internally.
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