The Department of Veterans Affairs (VA) acquires properties as a result of foreclosures on VA guaranteed loans. These acquired properties are marketed through a property management services contract with Countrywide Home Loans. As of May 1st, 2009 Countrywide has been purchased by Bank of America. Bank of America will now own this contract. If you are interested in buying a VA acquired property, you should contact a local real estate broker to see the property or Bank of America at 1-866-781-0029