Search for: "Countrywide Securities"
Results 1 - 20
of 817
Sorted by Relevance
|
Sort by Date
13 Dec 2011, 2:22 am
The certified class can now pursue claims that Countrywide and its investment banks made misleading statements and omissions in connection with the issuance of highly risky mortgage-backed securities, which were secured by mortgages virtually certain to result in defaults. [read post]
15 Oct 2010, 6:51 pm
The Securities Exchange Commission is reporting here that Former Countrywide CEO Angelo Mozilo will pay the SEC $22.5 million to settle SEC charges "that he and two other former Countrywide executives misled investors as the subprime mortgage crisis emerged. [read post]
14 Oct 2010, 10:42 pm
Talks over settling at least part of the securities fraud lawsuit filed by the Securities and Exchange Commission against three former executives of the Countrywide Financial Corporation have intensified, two people involved with the case said Thursday. [read post]
30 Jun 2011, 4:38 am
Bank of America announced it reached agreement to settle nearly all of the claims related to Countrywide-issued first-lien residential mortgage-backed securities, representing 530 trusts with an original principal of $424 billion. [read post]
5 Jun 2009, 6:08 am
On June 4, 2009, the SEC announced the filing of securities fraud charges against former Countrywide Financial CEO Angelo Mozilo, former chief operating officer and president David Sambol, and former chief financial officer Eric Sieracki. [read post]
11 Jun 2009, 7:16 am
Federal authorities have announced their securities fraud lawsuit against former Countrywide Financial Corp. [read post]
10 Mar 2008, 1:50 am
Federal authorities are investigating whether Countrywide criminally misrepresented its financial condition. [read post]
15 Jun 2009, 2:21 am
On June 4, 2009, the SEC filed a complaint against several former Countrywide executives alleging securities fraud. [read post]
17 Aug 2007, 11:17 am
In what may be the most lukewarm upgrade of the week, an analyst at Banc of America Securities on Friday raised his rating on Countrywide Financial, the largest mortgage lender in the United States, from “sell” to “neutral. [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]
23 Jan 2009, 5:00 am
Countrywide also failed to notify its customers that it actually has an ownership interest in the security monitoring company.The data breach led to multiple lawsuits against Countrywide and related entities in several different states and federal jurisdcitions. [read post]
1 Jul 2013, 6:11 am
Their practices gave rise to a proposed class action lawsuit filed in federal court in Louisville to consist of "all African-Americans and Hispanic borrowers to whom Countrywide originated a residential-secured loan, including correspondent loans, between January 1, 2002, and the present." [read post]
6 Nov 2009, 9:29 am
Securities and Exchange Commission lawsuit accusing him of securities fraud and insider trading. [read post]
23 Jun 2009, 11:40 pm
On June 4, 2009, the Securities and Exchange Commission filed a complaint against Angelo Mozilo, David Sambol, and Eric Sieracki, in the United States District Court, for the Central District of California, Case number CV 09-03994 VBF (AJWx). [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]
25 Sep 2011, 8:03 am
Foster arranged to have documents designated for shredding set aside at a "secure location. [read post]
10 Jun 2010, 8:07 pm
So Countrywide profited by making risky loans, and then again by securing additional payment from borrowers who were overburdened by those loans. [read post]
8 Jun 2010, 2:49 pm
[Cynthia Foster] Troubled mortgage servicer Countrywide, just one month after settling a securities class action for $600 million, has settled with the Federal Trade Commission over allegations that the company wrung excessive fees from homeowners in the months before they defaulted on their loans. [read post]
9 Jun 2010, 7:03 am
The fees were then added to the balances owing on the loan secured by the property. [read post]
4 Jun 2009, 1:38 pm
Mozilo, the Bronx-born businessman who built Countrywide Financial into the nation's largest mortgage lender before it was knocked down by the credit crisis, has been charged with securities fraud and insider trading in a civil suit brought by the Securities and Exchange Commission. [read post]
