2700 in California

[TheBreeze]

2700 in California alone:

http://www.countrywide.com/purchase/f_reo.asp

I believe Bank of America did some kind of convertible deal with Countrywide. However, read this piece to see why the convertible deal may have put Countrywide on a path to bankruptcy:

http://www.thestreet.com/comment/rewrite/985564.html?puc=_tscs