Search for: "Countrywide Bank"
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6 Jul 2015, 12:49 pm
Bank also claims that Countrywide Servicing failed to notify the Trustee when it discovered breaches, and failed to force CHL to repurchase or substitute such breaching loans. [read post]
27 Feb 2009, 7:41 am
Complaint courtesy Courthousenews Posted in Company News, Lawsuits Tagged: Bank of America, Countrywide Financial, Lawsuit, Linkedin [read post]
13 Dec 2011, 2:22 am
The certified class can now pursue claims that Countrywide and its investment banks made misleading statements and omissions in connection with the issuance of highly risky mortgage-backed securities, which were secured by mortgages virtually certain to result in defaults. [read post]
11 Jan 2008, 4:33 am
Bank of America said early Friday it would buy Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, in an all-stock deal valued at $4 billion. [read post]
26 Jun 2008, 11:12 am
The embattled company's shareholders, meanwhile, approved its takeover by Bank of America. [read post]
24 Sep 2011, 1:21 pm
The news just keeps getting worse for Bank of America and its purchase of Countrywide in 2008. [read post]
26 Jun 2008, 12:59 pm
California Attorney General Jerry Brown joined the long line of litigants suing Countrywide Financial and its executives over the bank's subprime lending and mortgage selling practices. [read post]
11 Jan 2008, 8:28 am
With all the speculation this week about a potential bankruptcy filing for Countrywide Financial, it would have taken a brave soul to buy call options on Countrywide’s stock. [read post]
4 Dec 2008, 12:56 am
Remember, Bank of America bought Countrywide and that stock went up today. [read post]
11 Jan 2008, 9:41 am
Bank of America agrees to acquire Countrywide Financial for $4B in stock NEW YORK (Thomson Financial) - Bank of America Corp. [read post]
4 Feb 2008, 4:53 am
Consumer groups in four states are asking congressional banking committees to conduct hearings on Bank of America’s proposed $4.1 billion buyout of struggling mortgage lender Countrywide Financial. [read post]
20 Jun 2008, 10:48 am
Bank of America expects to complete its acquisition of mortgage lender Countrywide Financial by July 1, according to Reuters. [read post]
5 May 2008, 4:58 am
Bank of America is likely to renegotiate its deal to buy Countrywide Financial down to the $0 to $2 level or completely walk away from it, said Friedman, Billings, Ramsey, which downgraded Countrywide to “underperform” from “market perform,” according to Reuters. [read post]
11 Jan 2008, 4:57 am
Bank of America announced Friday that it would buy Countrywide Financial, the troubled lender, for $4 billion in stock, confirming reports that circulated the night before. [read post]
6 Oct 2008, 7:44 pm
Over the weekend, IL Attorney General Lisa Madigan and other state AGs announced an $8.8 billion, multi-state lawsuit settlement with Countrywide Financial (now controlled by Bank of America). [read post]
30 Jun 2011, 4:38 am
Bank of America announced it reached agreement to settle nearly all of the claims related to Countrywide-issued first-lien residential mortgage-backed securities, representing 530 trusts with an original principal of $424 billion. [read post]
5 Aug 2011, 5:52 am
The New York AG has challenged a proposed $8.5 billion settlement between the Bank of New York Mellon and the Bank of America over troubled loan pools issued by Countrywide (acquired by BofA). [read post]
20 Oct 2008, 3:27 am
A group of appraisers in Idaho filed a class-action lawsuit Thursday against Countrywide Financial Corp. - Now, Bank of America Corp..., after its recent acquisition - claiming the company used "strong-arming tactics to intimidate appraisers to generate reports in line with Countrywide's business objectives. [read post]
3 Mar 2008, 4:25 am
Countrywide Home Loans, the troubled mortgage lender that has agreed to be sold to Bank of America, engaged in questionable conduct in a bankruptcy case involving two borrowers in Atlanta, the United States Trustee contended in a lawsuit filed late Thursday. [read post]
10 Jan 2008, 11:48 am
Bank of America is in talks to acquire Countrywide Financial, the troubled mortgage lender in which it has a $2 billion stake, people briefed on the situation told DealBook. [read post]
