Search for: "Countrywide Bank"
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27 Dec 2011, 2:00 am
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
The administration slapped BofA/Countrywide on the wrist for massively discriminatory action. [read post]
26 Dec 2011, 9:26 am
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, 8:56 am
Bank of America now owns Countrywide. [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
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, 8:41 am
They could start with Countrywide's parent, Bank of America. [read post]
22 Dec 2011, 6:20 am
[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
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, 6:43 pm
Countrywide was acquired by Bank of America in 2008. [read post]
21 Dec 2011, 3:40 pm
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
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]
17 Dec 2011, 9:05 am
Bank v. [read post]
16 Dec 2011, 4:25 am
Sure, he knew the rate sounded kind of high, but guess what Countrywide told him. [read post]
16 Dec 2011, 4:09 am
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
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]
6 Dec 2011, 4:55 pm
(The offerings occurred before Bank of America bought Merrill.) [read post]