Search for: "Countrywide Mortgage"
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9 Dec 2008, 6:56 pm
The lawsuit challenges Countrywide's attempts to modify and reduce payments on as many as 400,000 subprime and pay-option adjustable-rate mortgages with borrowers who are seriously delinquent or about to become seriously delinquent. [read post]
10 Mar 2008, 4:00 am
The federal authorities have opened a criminal inquiry into Countrywide Financial for suspected securities fraud as part of the continuing fallout over the mortgage crisis, according to The New York Times. [read post]
26 Aug 2009, 1:01 pm
The ruling means that investors in mortgage-backed securities may go forward with their lawsuit against Countrywide. [read post]
20 Mar 2009, 7:53 am
Countrywide Financial was one of the biggest producers of risky mortgages. [read post]
11 Jan 2008, 4:33 am
Bank of America said early Friday it would buy Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, in an all-stock deal valued at $4 billion. [read post]
17 Oct 2010, 11:50 pm
Mozilo, Countrywide Financial's chief executive, was publicly buoyant about its ability to ride out the mortgage crisis. [read post]
25 Apr 2008, 4:48 am
Countrywide Financial's chief executive, Angelo R. [read post]
26 Jul 2011, 2:44 pm
But wait, Countrywide was not and is not the only mortgage servicer doing this. [read post]
23 Jan 2009, 5:00 am
The information was being sold to mortgage brokers to be used as sales leads, federal authorities said in August. [read post]
7 Jun 2010, 9:03 am
The Federal Trade Commission said two Countrywide Financial mortgage-servicing companies had agreed to pay $108 million to settle charges that they collected excessive mortgage-servicing fees. [read post]
29 Oct 2007, 5:36 pm
According to a Countrywide press release issued on October 26, 2007, things aren’t looking so rosy for the country’s largest mortgage lender. [read post]
26 Jun 2008, 12:59 pm
California Attorney General Jerry Brown joined the long line of litigants suing Countrywide Financial and its executives over the bank's subprime lending and mortgage selling practices. [read post]
26 Jun 2008, 11:12 am
California joined Illinois on Wednesday in suing Countrywide Financial, claiming the company had practiced deceptive mortgage lending. [read post]
12 Oct 2008, 9:27 pm
CNN.Money.com is reporting that Bank of America has announced a plan to cut mortgage payments on loans held by its Countrywide division. [read post]
25 Jun 2008, 11:16 am
Countrywide Financial shareholders vote on Wednesday to approve the largest U.S. mortgage lender’s purchase by Bank of America, marking the demise of the company perhaps most closely associated with the nation’s housing bubble and subsequent collapse. [read post]
7 Jun 2010, 10:39 am
Bank of America agreed to pay $108 million to settle FTC charges that its subsidiary, Countrywide Financial (acquired by BofA in 2008) engaged in abusive mortgage practices. [read post]
14 Dec 2007, 12:28 am
Other lenders may be next as the probe continues.The inquiry focuses on why people who appear to us to not be able to afford the loans they're in were able to get those loans and how Countrywide, the nations biggest mortgage lender may have contributed to that.The AG is looking at how loans were originated, funded and sold "all the way up the line. [read post]
8 Jun 2010, 8:17 am
The FTC found that as the mortgage market fell, Countrywide earned substantial profits by ordering these default related services to generate revenue. [read post]
12 May 2010, 7:04 am
As Riverside County loan modification lawyers, we have continued to follow the downfall of former mortgage lender Countrywide Financial. [read post]
8 Jun 2010, 1:35 pm
With its vast array of subprime loan offerings during the real estate boom, Countrywide Financial came to symbolize just how risky the mortgage business got during those heady times. [read post]
