Search for: "COUNTRYWIDE SECURITIES CORP" Results 41 - 60 of 165
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21 Jun 2012, 6:26 am by Philip R. Stein
Bank of America’s purchase of subprime lender Countrywide Financial in 2008 has exposed it to a particularly substantial number of buy-back demands. [read post]
30 May 2012, 9:38 pm
Before its collapse in 2008, Countrywide spinoff IndyMac was the country’s largest issuers of alt-A mortgage, also called “liar loans. [read post]
26 Apr 2012, 4:30 am
Corp., 603 F.3d 23 (2d Cir. 2010), BNYM argued that the Article 77 Proceeding could not be removed because it fell under CAFA’s securities exception. [read post]
25 Apr 2012, 7:31 pm
Read the SEC's complaint (PDF) Ex-H&R Block Unit Agrees To Pay $28.2 Mln To Settle SEC Charges, The Wall Street Journal, April 24, 2012 More Blog Posts: Residential Mortgage-Backed Securities Working Group Brings Federal Investigators and State Law Enforcement Officials Together to Investigate How MBS Abuses Contributed to 2008 Financial Crisis, Institutional Investor Securities Blog, January 30, 2012 Federal Home Loan Banks Say Countrywide Financial… [read post]
25 Apr 2012, 10:25 am by Mary E. Hodges
  In Mozilo’s case, nearly half of the $45 million payment came from Countrywide's current owner, Bank of America Corp. [read post]
9 Apr 2012, 11:23 pm
District Court for the Southern District of New York has decided that investors can sue Bank of New York Mellon (BK) over its role as trustee in Countrywide Financial Corp. [read post]
29 Mar 2012, 4:25 pm
Ameriprise workers sue over company's own 401(k) funds, Investment News, September 29, 2011 Ameriprise workers seek class-action suit on 401(k), Star Tribune, September 29, 2011 More Blog Posts: Ameriprise to Sell Securities America Even as it Finalizes Securities Settlement with Investors of Medical Capital Holdings and Provident Royalties Private Placements, Stockbroker Fraud Blog, April 26, 2011 Ameriprise Broker Arrested for Defrauding Investors - Clients Say He… [read post]
13 Mar 2012, 7:00 am by Robert Siegel
District Judge David Carter fined former Brookstreet Securities Corp CEO, Stanley Brooks, the sum of $10,000,000. [read post]
7 Mar 2012, 9:14 am by Todd Ruger
” In the settlement, Bank of America Corp. will spend $335 million to resolve the largest-ever fair lending suit over allegations that Countrywide systematically discriminated against qualified black and Hispanic borrowers. [read post]
1 Mar 2012, 3:30 am
Countrywide Financial Corp., 603 F.3d 23 (2d Cir. 2010), the Second Circuit had an opportunity to apply its prior construction of the CAFA exceptions for securities-linked suits that it set forth in Estate of Pew v. [read post]
14 Feb 2012, 1:03 pm
Massachusetts securities regulator William Galvin is subpoenaing Bank of America Corp. over two collateralized loan obligations that led to investors to lose $150 million. [read post]
5 Feb 2012, 10:26 am
MBIA Insurance Corporation (MBIA) filed a motion in limine for the court to allow MBIA to use statistical sampling to be able to present evidence for fraud and breach of contract and also to prove damages against Countrywide Home Loans, Inc., Countrywide Securities Corp. and Countrywide Financial Corp. [read post]
9 Jan 2012, 12:58 am by Kevin LaCroix
Rulings along these lines have been granted in the Washington Mutual mortgage- backed securities case (about which refer here), in the Countrywide Mortgage-Backed securities case (here), and in the J.P. [read post]
23 Dec 2011, 7:06 pm
To Explain Over $95B of Mortgage-Backed Securities, Institutional Investor Securities Blog, December 17, 2011 Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investor Securities Blog, July 22, 2011 [read post]
21 Dec 2011, 6:43 pm
BofA Agrees Record $335M Fair-Lending Deal, Bloomberg, December 21, 2011 Countrywide Will Settle a Bias Suit, New York Times, December 21, 2011 More Blog Posts: Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investors Securities Blog, July 22, 2011 California Investigating Whether Bank of America… [read post]
21 Dec 2011, 3:40 pm by eithurburn@getnicklaw.com
Bank of America has faced litigation based upon multiple alleged issues with Countrywide’s lending practices, including its issuing of mortgage-backed securities. [read post]