Search for: "COUNTRYWIDE SECURITIES CORP" Results 121 - 140 of 165
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1 Dec 2007, 9:00 pm
One that has fancy financial advisers, and still ended up holding some dodgy mortgage-backed securities and being long in Countrywide Financial Corp. [read post]
26 Jun 2008, 9:27 am
AG sues Countrywide, alleging unfair, deceptive practices "Troubled mortgage lender Countrywide Financial Corp. misled borrowers with unfair and deceptive practices that led them to take out risky home loans, according to a lawsuit filed on June 25 by California Attorney General Jerry Brown. [read post]
19 Apr 2010, 5:22 am by Ashby Jones
The SEC, on the other hand, might have a motive to settle, partly that it’s tied up in other messy cases, including a fraud case against Angelo Mozilo, co-founder of former mortgage giant Countrywide Financial Corp. [read post]
9 Jun 2008, 2:09 am
According to my count, the addition of this case, as well as the case filed late last week against Franklin Bank Corp. [read post]
21 Sep 2010, 5:25 am by David G. Badertscher
The argument was a twist on a previously stated defense outlined in earlier court documents -- that a high intake of caffeine rendered Woody Will Smith temporarily insane and unable to form the intent to kill his wife.Judge Clears SEC's Fraud Case for Trial Against Former Countrywide ExecsThe American LawyerRejecting the defendants' "truth in the market" defense, a Los Angeles federal judge has denied motions for summary judgment by ex-Countrywide CEO Angelo… [read post]
5 Feb 2010, 8:34 am by Tom Hargett
While Lewis didn’t push as deeply as some rivals into mortgage-backed securities, “he made bad strategic decisions” by overpaying for Merrill Lynch and subprime home lender Countrywide Financial Corp., Williams said. [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]
27 Apr 2016, 9:26 pm by Kevin LaCroix
Countrywide Financial Corp.) that Section 11 claims can be properly brought in state court. [read post]
15 Oct 2010, 8:12 am by David G. Badertscher
Last month, a federal judge dismissed claims by two trusts that had bought $43 million of residential mortgage-backed securities from Countrywide. [read post]
17 May 2008, 2:18 pm
” According to the complaint, the “true facts, which were known to the defendants but concealed from the investing public” were that:(a) defendants’ portfolio of Option ARMs contained millions of dollars worth of impaired and risky securities, many of which were backed by subprime mortgage loans; (b) prior to the Class Period, Downey had seen Countrywide’s growth and had started to get more aggressive in acquiring loans from brokers… [read post]
11 May 2011, 11:30 pm by Mandelman
Lewis blamed the weaker earnings on higher credit costs resulting largely from Countrywide Financial Corp and Chicago-based LaSalle Bank, its two most recent acquisitions. [read post]
26 Jan 2009, 1:54 am
PFF apparently had agreed in June 2008 to sell itself to FBOP Corp. of Oak Park, Illinois, but after FBOP wrote down at the end of the third quarter $936 million of investment securities, the $17-billion asset bank found itself undercapitalized and regulators refused to approve the pending deal. [read post]