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9 Jul 2011, 6:59 pm
Countrywide Home Loans, Inc. (4D09-4861), the Fourth District affirmed a summary judgment of foreclosure. [read post]
9 Jul 2018, 2:03 pm by Aaron Rubin
  On June 27, 2018, the New York Court of Appeals ruled that Ambac Assurance Corporation (“Ambac“) could not recover the full $2.2 billion in damages it sought in the form of claim payouts on $25 billion worth of securitized mortgages from Countrywide Home Loans, Inc. [read post]
9 Jun 2011, 7:25 am
None of the 104 Countrywide loans were endorsed by Countrywide, only including the original borrower's signature. [read post]
30 Apr 2009, 9:42 am
It also notes that lender Countrywide KB Home Loans has been accused in multiple lawsuits of inflating home prices. [read post]
26 Sep 2008, 2:55 pm
WELL, THIS SEEMS LIKE NEWS: The Wall Street Journal reports that a federal grand jury in Los Angeles is investigating the so-called "Friends of Angelo" loan program at Countrywide Financial, under which influential borrowers received preferential terms on home loans. [read post]
17 Mar 2017, 8:23 pm by Kate Howard
Wells Fargo Bank, N.A. 16-902 Issue: Whether, where the right to foreclose is extinguished as a matter of law by federal statute (Truth in Lending Act) and a unanimous Supreme Court decision (Jesinoski v Countrywide Home Loans, Inc.), and a homeowner’s home is foreclosed upon by improper foreclosure judgment, a lender can use res judicata to bar examination of an invalid judgment that was barred by federal consumer protection law. [read post]
29 Oct 2014, 5:00 am by Ronald Mann
Countrywide Home Loans suggests a scenario typical of the most fact-bound petition imaginable, bound for prompt denial because of its technicality. [read post]
19 Feb 2010, 2:29 pm by Page Perry LLC
The Federal Home Loan Bank of Seattle has filed 11 lawsuits against an array of Wall Street banks, seeking rescind $4 billion of mortgage-backed securities with interest, according to a Feb. 16 Wall Street Journal article by Nick Timiraos, “Home Loan Bank Sues Wall Street Firm. [read post]
13 Mar 2012, 1:37 pm by eithurburn@getnicklaw.com
  Suits are still pending against Wells Fargo Bank, Bank of America, CitiMortgage, Suntrust Mortgage, Washington Mutual Bank, PNC Bank, Countrywide Home Loans, Mortgage Investors Corp, and First Tennessee Bank. [read post]
25 Jul 2017, 8:50 am by Len Feltoon
Countrywide Offers Home Buying Advice     Apartment living has its setbacks. [read post]
20 Nov 2007, 4:59 pm
Governor Arnold Schwarzenegger today announced he's been working with mortgage servicers Countrywide, GMAC, Litton and HomEq to get those companies to "fast-track" loan modification procedures for thousands of borrowers who won't be able to afford their new payments once their loans' interest rates reset. [read post]
19 Sep 2013, 8:17 am
He said some home loan players had shown negative growth and Standard Bank's home loan book was growing slower in terms of historical standards even though it was gaining market share. [read post]
2 Dec 2008, 6:04 pm
HousingWire reports that investors are suing Countrywide [complaint here] in its role as mortgage servicer, objecting to Countrywide's settlement with state regulators whereby it will modify home mortgages to reduce interest and principal. [read post]
11 Oct 2016, 8:55 am by Len Feltoon
Buying a home is a major financial transaction. [read post]
16 Jan 2009, 12:38 am
In marketing, advertising and testimony before Congress, Countrywide Home Loans has said repeatedly that it is working hard to modify the mortgages of financially strapped borrowers caught up in the subprime meltdown. [read post]
25 Jul 2008, 2:43 pm
Countrywide Home Loans Servicing LP, et al., No. 08-55865 (July 16, 2008).Suit was originally filed in November 2007 in a California state court against Countrywide Home Loans Servicing LP, CWALT, Inc.), various Countrywide subsidiaries, several alternative loan trusts and underwriters. [read post]
4 Apr 2008, 7:18 am
  On Wednesday, April 2, 2008, Judge Thomas Agresti of the Bankruptcy Court for the Western District of Pennsylvania entered this Opinion and Order in the case of In re Countrywide Home Loans, Inc., Misc. [read post]
20 Aug 2020, 8:00 am by Len Feltoon
Countrywide provides advice and the self-study program to help make owning a home a reality. [read post]
24 Oct 2012, 11:08 am
This meant that Countrywide and Bank of America like knew that the loans they were originating and then selling to the GSEs were defective and/or fraudulent. [read post]