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18 Jul 2008, 2:35 pm
Brown Jr. sued Countrywide for engaging in deceptive advertising and unfair competition by pushing homeowners into risky loans for the sole purpose of reselling the mortgages on the secondary market. [read post]
18 Jul 2008, 2:35 pm
Brown Jr. sued Countrywide for engaging in deceptive advertising and unfair competition by pushing homeowners into risky loans for the sole purpose of reselling the mortgages on the secondary market. [read post]
11 Jun 2009, 7:16 am
As Anaheim loan modification attorneys, we have learned to look very closely at mortgages issued by Countrywide (and now owned by Bank of America). [read post]
26 Apr 2010, 9:09 pm
Defendant Countrywide Home Loans raised money to finance the loans by selling mortgages in securitization transactions “to specially created trusts, which received payment of interest and principal from mortgage borrowers. [read post]
10 Jan 2008, 6:41 am
All anyone around here can talk about this morning is Bank of America’s $4 billion rescue deal to buy wobbly mortgage giant Countrywide. [read post]
13 Sep 2011, 1:43 pm by Michael
The Court approved of the Gomes decision, noted previously in this blog, that plaintiffs’ had no basis to plead a claim for damages for wrongful initiation of a foreclosure by MERS (Mortgage Electronic Registration Systems, Inc.) as agent for Countrywide. [read post]
6 May 2008, 10:27 am
The customer says that Countrywide's loan officer aggressively coached her to lie about her and her husband's income. [read post]
24 Sep 2011, 1:21 pm
This not only affected homeowners, but included falsified income documentation and other ways to steer borrowers into bad mortgages. [read post]
2 Dec 2010, 6:32 am by Rees Morrison
Sandy Samuels was Countrywide’s general counsel for 18 years, until Bank of America acquired the huge mortgage services company in 2008. [read post]
1 Oct 2020, 8:00 am by Len Feltoon
Countrywide does not want to have anyone trapped in an unsuitable mortgage arrangement. [read post]
13 Feb 2012, 4:49 pm
Moreover, Bank of America and Countrywide defrauded the FHA insurance fund by originating mortgage loans that were based upon inflated appraisals. [read post]
2 Aug 2008, 4:13 am
On Friday, the FBI arrested a former Countrywide employee and his accomplice for stealing and selling personal information (including social security numbers) obtained from people applying for mortgages. [read post]
8 Jan 2008, 10:19 am
Countrywide Financial Corporation, formerly one of the nation's biggest subprime lenders, has admitted to fabricating documents in a Pennsylvania woman's bankruptcy case. [read post]
29 Jan 2008, 7:21 am
It is the biggest mortgage lender in the nation, and as the mortgage market collapsed its stock has followed suit, falling about 86% in 2007. [read post]
14 Jan 2008, 1:26 pm
Updating this ILB entry from Jan. 8th, Peter Lattman of the WSJ Law Blog reports today that a number of judges are raising concerns over practices of mortgage servicer Countrywide. [read post]
30 Dec 2008, 8:58 am
It appears that the complaint filed against Countrywide aims at forcing the lender (acquired by Bank of America) to modify existing mortgages to stem the destructive tide of foreclosures that have left blocks of Cleveland blighted with  empty houses preyed upon by thieves. [read post]