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7 Jun 2010, 10:45 am
The FTC complaint [text, PDF] claimed that Countrywide made risky loans to homeowners, then used third party vendors... [read post]
19 Jul 2012, 8:15 am by Dan Taglioli
Syncora filed a lawsuit against BOA and Countrywide in 2009 claiming that Countrywide had misrepresented the quality of the mortgages underlying the securities that Syncora agreed to insure. [read post]
25 Aug 2011, 10:37 pm by The Complex Litigator
Superior Court (Ronald) (August 24, 2011), the Court of Appeal (Second Appellate District, Division Three) considered whether borrowers that obtained Countrywide-originated home loans could state fraudulent concealment claims against Countrywide because Countrywide sold investors (not the borrowers) pools of mortgages at inflated values, resulting in the destruction of the housing market and subsequent loss of home values across California. [read post]
12 Nov 2020, 8:00 am by Len Feltoon
  Countrywide backs up these decisions with superior member services. [read post]
5 Jun 2009, 2:13 am
  The complaint alleges that while the company was issuing reassuring statements to investors, Mozilo "internally issued a series of increasingly dire assessments of the various Countrywide loan products and the risks to Countrywide in continuing to offer or hold these loans. [read post]
8 Sep 2011, 4:20 pm
Nevada Attorney General Catherine Cortez Masto is accusing Bank of America of violating its fraud settlement regarding Countrywide Financial Corp. [read post]
24 Oct 2008, 12:54 pm
According to the lawsuit, Countrywide placed appraisers working for Capitol West Appraisals of Boise, Idaho on a no-hire list after several employees resisted pressure from Countrywide to increase home valuations. [read post]