Search for: "Countrywide Financial Corporation" Results 181 - 200 of 326
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5 Jan 2011, 1:17 am by Kevin LaCroix
There were several noteworthy credit crisis related securities class action lawsuit settlements during 2010, including Countrywide ($624 million, refer here), Schwab Yield Plus ($235 million , refer here), and New Century Financial ($124 million, refer here). [read post]
16 Dec 2010, 9:21 am by gstasiewicz
Boxer presided over a year-long investigation by the Senate Ethics Committee into whether two of her Senate colleagues, Christopher Dodd (D-CT) and Kent Conrad (D-ND), received preferential treatment from Countrywide Financial as part of the company’s “VIP” program. [read post]
2 Dec 2010, 1:13 am by atussey@mortgagefraudblog.com
$200,507 in foreclosure relief money from the Countrywide Financial Corporation settlement is being distributed in Maine. [read post]
12 Nov 2010, 7:52 am by Kara OBrien
  They have taken a hard look at companies in the mortgage business and whether they made proper disclosures when times went bad (Beazer Homes, Countrywide, AHM are good examples). [read post]
22 Oct 2010, 6:00 am by Kara OBrien
5) HLS Forum on Corporate Governance & Financial Regulation: Citizens United: Waking the Sleeping Giant – Been bombarded by even more annoying political commercials this campaign season? [read post]
15 Oct 2010, 8:06 am by admin
Warner’s mortgage was actually owned by Countrywide, which had sold it to Wells Fargo. [read post]
14 Oct 2010, 10:42 pm by By DEALBOOK
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]
3 Oct 2010, 7:59 pm by Kevin Funnell
I'm not the only blogger bleating about loan repurchase risks.Francine McKenna has been pounding the large audit firms for several years about their failure to catch the repurchase risk inherent in the business operations of large mortgage bankers like the defunct New Century and the merged-out-of-existence Countrywide Financial. [read post]
21 Sep 2010, 5:25 am by David G. Badertscher
The case is set for argument at the high court on Nov. 2.41 More Top Legal Execs Join Attack on FASB ProposalCorporate CounselForty-one more corporate legal officers on Monday added their names to a letter objecting to proposed rules requiring more disclosure about their companies' financial loss contingencies. [read post]
9 Sep 2010, 11:49 am by Todd Henderson
In 2003, at just before the housing bubble, Countrywide Financial gave several US senators special “VIP loans” that featured lower interest rates than were available to these senators’ constituents. [read post]
8 Sep 2010, 2:57 am by Kevin LaCroix
Just in the last few months, there have been several very high profile subprime-related lawsuit settlements, including the $624 million settlement in the Countrywide case, the roughly $124 million settlement in the New Century Financial case, and the $235 million total settlement in the Schwab Yield Plus case. [read post]
14 Aug 2010, 3:34 am by Larry Ribstein
Filed under: corporate crime, financial regulation [read post]
11 Aug 2010, 8:02 am by admin
  This is what happens when survivors buy expirers   Much of the gain came from their acquisitions of Countrywide Financial Corp., Washington Mutual Inc. and Wachovia Corp., respectively. [read post]
4 Aug 2010, 5:29 am
[JURIST] US District Court for the Central District of California [official website] judge Mariana Pfaelzer on Monday gave preliminary approval to a settlement in which Countrywide Financial Corporation [NYT backgrounder] agreed to pay $600 million to settle several class action lawsuits brought by former stockholders accusing the company of securities fraud. [read post]
13 Jul 2010, 2:32 am by Kevin LaCroix
The defendants include the company itself and related corporate entities, as well 28 current or former Citigroup directors and officers and nearly eighty investment banks that served as offering underwriters in the bond offerings. [read post]
9 Jun 2010, 2:03 am by atussey@mortgagefraudblog.com
It was made possible by last year's historic settlement between the State of Arizona and Countrywide Financial Corporation Arizona Attorney General Terry Goddard's office announced …Read More... [read post]
8 Jun 2010, 4:58 pm by Mandelman
The advent of limited liability corporations and the legal ‘personhood’ of corporate shells have allowed business to create one sided bets for years, and they happily walk away from “corporate debt” when the tide shifts. [read post]
16 May 2010, 4:07 pm by Mandelman
William Black is a former bank regulator at the Federal Savings and Loan Insurance Corporation. [read post]