Search for: "Countrywide Mortgage"
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25 Aug 2008, 10:41 am
According to media reports, Ticor alleged that a title policy it issued on a Kenwood neighborhood home in Chicago’s South Side may not be enforced by Countywide on account of Countrywide’s “reckless and grossly negligent in its underwriting” of the $360,000 mortgage used to purchase the property in 2007. [read post]
9 Aug 2008, 6:08 pm
Mortgage Lending Practices Litig., MDL No. 1974, in the Western District of Kentucky. [read post]
14 Jul 2008, 8:57 pm
They vary in size and location, but their common woe is the collapsed real estate market and souring mortgage loans. [read post]
24 Aug 2008, 11:53 pm
A press release issued today by Attorney General Carter begins:Indiana Attorney General Steve Carter has filed a lawsuit against the country's largest mortgage lender, Countrywide Home Loans, Inc., and its parent company, Countrywide Financial Corporation. [read post]
20 Jan 2012, 3:16 pm
That company (through Bank of America, its successor in interest) settled in 2009 with states charges that it had engaged in consumer fraud in its mortgage lending. [read post]
2 Jan 2015, 5:51 am
BREAKING STORYFULL-TEXT Supreme Court and 8th Circuit Opinions OnlineOn February 23, 2007, Larry and Cheryle Jesinoski borrowed $611,000 from Countrywide Home Loans, Inc. pursuant to the refinance of their home mortgage. [read post]
3 Jun 2013, 10:35 am
On May 29, Justice Eileen Bransten in the Supreme Court of the State of New York partially granted a motion to dismiss in a case by U.S Bank against Bank of America and Countrywide seeking the repurchase of 4,484 mortgages securitized in a $1.75 billion RMBS trust. [read post]
23 Jun 2010, 9:16 am
If you are or were a Countrywide mortgage holder, you may be at risk of identity theft following a breach in computer security at the firm. [read post]
29 Feb 2008, 4:05 am
By executing the “Satisfaction of Mortgage,” Countrywide had previously acknowledged that there was no longer any legal basis for it to receive such payments.45. [read post]
19 May 2011, 3:00 am
Morrison (Columbia Law), Tomasz Piskorski (Columbia Business) and Arpit Gupta (Columbia Business) have posted Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide on SSRN. [read post]
24 Mar 2008, 8:03 am
Stanford Kurland, a former top executive at mortgage giant Countrywide Financial, will be the new company’s chairman and chief executive officer. [read post]
20 Oct 2010, 12:31 pm
The bondholders' lawyer, Gibbs & Bruns partner Kathy Patrick, says BofA could be on the hook for $20 billion for allegedly violating contractual underwriting standards on mortgage-backed securities issued by Countrywide. [read post]
13 Jun 2008, 6:29 pm
But the troubled mortgage lender did [...] [read post]
13 Nov 2008, 10:17 am
Mortgage lender Countrywide Financial Corporation has agreed to provide approximately $8 billion in home loan and foreclosure relief to as many as 397,000 homeowners across the country including more than 1,000 in Kansas, Attorney General Steve Six said Thursday. [read post]
2 Feb 2008, 1:45 pm
In a February 1 letter, four community development and advocacy groups have called on Congress to hold hearings on the BankofAmerica acquisition of Countrywide, a merger that will make BofA the nation's largest mortgage lender and servicer. [read post]
25 Jun 2008, 2:13 pm
From the New York Times:The Illinois attorney general is suing Countrywide Financial, the troubled mortgage lender, and Angelo R. [read post]
8 Jul 2011, 9:15 am
The banks mentioned, JPMorgan Chase and Bank of America, both took over a lot of nasty mortgages from failed financial institutions (Washington Mutual and Countrywide Financial). [read post]
28 Jul 2009, 7:33 pm
In February of this year, Colorado's Attorney General proudly announced that "Colorful Colorado" had squeezed $6 million out of Countrywide Financial Corp. for alleged violations of Colorado's Consumer Protection Act, arising out of Countrywide's subprime mortgage lending in that state. [read post]
16 Oct 2008, 1:00 pm
A federal litigation panel this week assigned (.pdf) seven lawsuits against mortgage lender Countrywide to the Southern District of California. [read post]
21 Dec 2011, 6:43 pm
All borrowers that were discriminated against qualified to receive mortgage loans under Countrywide’s own underwriting standards. [read post]
