[Federal Register Volume 73, Number 65 (Thursday, April 3, 2008)]
[Notices]
[Page 18279]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-6924]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire Companies that are Engaged in Permissible 
Nonbanking Activities; Correction

    This notice corrects a notice (FR Doc. E8-4013) published on page 
11419 of the issue for Monday, March 3, 2008.
    Under the Federal Reserve Bank of Richmond, the entry for Bank of 
America Corporation, Charlotte, North Carolins, is revised to read as 
follows:
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Bank of America Corporation, Charlotte, North Carolina; to 
acquire Countrywide Financial Corporation, Calabasas, California, and 
thereby indirectly acquire Countrywide Bank, FSB, Alexandria, Virginia, 
Countrywide Home Loans, Inc., Calabasas, California, Countrywide 
Financial Corporation, Calabasas, California, Countrywide Financial 
Holding Company, Inc., Calabasas, California, Effinity Financial 
Corporation, Alexandria, Virginia, Countrywide Tax Services 
Corporation, Simi Valley, California, CTC Real Estate Services, 
Calabasas, California, Countrywide Servicing Exchange, Calabasas, 
California, Countrywide Asset Management Corp., Calabasas, California, 
Landsafe Appraisal Services, Inc., Plano, Texas, Landsafe Credit, Inc., 
Richardson, Texas, Landsafe Flood Determination, Inc., Richardson, 
Texas, Landsafe Title of California, Inc., Rosemead, California, 
Landsafe Title of Texas, Inc., Rosemead, California, Landsafe Title of 
Florida, Inc., Calabasas, California, Countrywide Warehouse Lending, 
Calabasas, California, Countrywide Home Loans Servicing LP, Plano, 
Texas, Countrywide Mortgage Ventures, LLC, Calabasas, California, 
Countrywide Commercial Real Estate Finance, Inc., Calabasas, 
California, The Countrywide Foundation, Calabasas, California, 
Recontrust Company, National Association, Thousand Oaks, California, 
CWB Community Assets, Inc., Thousand Oaks, California, Countrywide 
Commercial Administration LLC, Calabasas, California, Recontrust 
Company (Nevada) Thousand Oaks, California, Countrywide KB Home Loans, 
LLC, Thousand Oaks, California, CWB Mortgage Ventures, LLC, Thousand 
Oaks, California, Landsafe Services of Alabama, Inc., Rosemead, 
California, Landsafe Title of Maryland, Inc., Calabasas, California and 
thereby engage in (1) operating a savings association; (2) operating a 
nondepository trust company; (3) community development activities; (4) 
extending credit and servicing loans; (5) real estate and personal 
property appraising; (6) credit bureau services; (7) asset management, 
servicing, and collection activities; (8) acquiring debt in default; 
and (9) providing tax services for residential mortgage transaction 
pursuant to sections 225.28(b)(1), 225.28(b)(2), 225.28(b)(4), 
225.28(b)(5), 225.28(b)(6) and 225.28(b)(12) of Regulation Y.
    In connection with this proposal Bank of America Corporation, has 
applied to acquire from Bank of America, National Association, 
Charlotte, North Carolina, 20,000 shares of Series B Non-Voting 
Convertible Preferred Stock of Countrywide Financial Corporation, 
Calabasas, California, which is convertible at the option of the holder 
into approximately 15.7 percent of the voting common stock of 
Countrywide Financial Corporation.
    Comments on this application must be received by April 29, 2008.

    Board of Governors of the Federal Reserve System, March 31, 
2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-6924 Filed 4-2-08; 8:45 am]
BILLING CODE 6210-01-S