Search for: "Countrywide Bank" Results 381 - 400 of 1,079
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27 Dec 2011, 2:00 am by Stephanie Figueroa
The lending bias suit is ending in the last weeks of 2011 in settlement (upon court approval) as Bank of America, which bought Countrywide, agreed to pay out $335 million dollars to the victims of this racial discrimination. [read post]
26 Dec 2011, 9:27 am by Frank Pasquale
 The administration slapped BofA/Countrywide on the wrist for massively discriminatory action. [read post]
26 Dec 2011, 9:26 am by Frank Pasquale
 The administration slapped BofA/Countrywide on the wrist for massively discriminatory action. [read post]
23 Dec 2011, 7:06 pm
To Explain Over $95B of Mortgage-Backed Securities, Institutional Investor Securities Blog, December 17, 2011 Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investor Securities Blog, July 22, 2011 [read post]
23 Dec 2011, 6:35 am
Masto is suing Bank of America and its Countrywide division, accusing them of reneging on a settlement of an earlier predatory lending case, and Harris is investigating Bank of America, along with Citibank, Fannie Mae and Freddie Mac, for other reasons. [read post]
23 Dec 2011, 12:00 am by Sebastian Rowland
Fish and Wildlife Service announced it will remove the grey wolf populations in the Great Lake states from the federal list of threatened and endangered species.Bank of America agreed to a $335 million settlement with the Justice Department over accusations that Countrywide Financial Corporation, now a subsidiary of BofA, had discriminated against African-Americans and Hispanics in its lending practices. [read post]
22 Dec 2011, 6:20 am by Jaclyn Belczyk
[JURIST] The US Department of Justice (DOJ) [official website] announced Wednesday that Bank of America (BOA) [corporate website] has agreed to pay a record $335 million [press release] to settle claims that its subsidiary, Countrywide Financial, discriminated against Hispanic and African-American home buyers. [read post]
22 Dec 2011, 5:43 am by Joe Palazzolo
WSJ, Bloomberg, NYT Extra: Deal Journal looks at how much BofA’s 2008 acquisition of Countrywide has cost the bank. [read post]
21 Dec 2011, 3:40 pm by eithurburn@getnicklaw.com
Bank of America has faced litigation based upon multiple alleged issues with Countrywide’s lending practices, including its issuing of mortgage-backed securities. [read post]
21 Dec 2011, 1:37 pm by Mike Scarcella
Dan Frahm, a Bank of America spokesman, said in a statement that Countrywide's practices occurred before Bank of America purchased the company. [read post]
16 Dec 2011, 4:25 am by Mandelman
Sure, he knew the rate sounded kind of high, but guess what Countrywide told him. [read post]
16 Dec 2011, 4:09 am by tracey
Court of Appeal (Civil Division) Milton Keynes Council & Ors, R (on the application of) v Secretary of State for Communities & Local Government [2011] EWCA Civ 1575 (16 December 2011) Terluk v Berezovsky [2011] EWCA Civ 1534 (15 December 2011) Banks v Morgan & Ors [2011] EWCA Civ 1568 (15 December 2011) Liberty Insurance PTE Ltd & Anor v Argo Systems FZE [2011] EWCA Civ 1572 (15 December 2011) Titshall v Qwerty Travel Ltd [2011] EWCA Civ 1569 (15 December 2011) Teal… [read post]
15 Dec 2011, 6:06 am
A recent 60 Minutes piece on the topic, in part, included comments from a senior Countrywide executive, who said the fraud was rampant and systematic. [read post]
14 Dec 2011, 2:13 pm
Bank of America, Richard Marr of Wisconsin sued Bank of America for failing to give him the required number of notices of his right to rescind his 2007 refinance. [read post]
13 Dec 2011, 2:22 am by webmaster
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]