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21 May 2010, 2:59 am
Public officials also found 170 tons of additional melamine-tainted dairy products in the marketplace earlier this year during a countrywide food safety crackdown. [read post]
3 Apr 2012, 10:39 am by David Zaring
 That wasn't the case for national thrifts switching to national banks and vice versa. [read post]
22 Oct 2013, 5:00 am by Mark Astarita
Bloomberg is reporting that Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three additional Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation.U.S. attorneys offices in Georgia and California are examining potential violations tied to Countrywide Financial Corp., the subprime lender Bank of America bought in 2008, said the people, who asked not to… [read post]
30 Jun 2010, 2:54 am by staff@mortgagefraudblog.com
The Indictment alleges that Bramlett and unnamed co-conspirators perpetrated a fraudulent scheme against various banks and commercial lending companies, including Wells Fargo Bank and Countrywide Home Loans, by submitting applications and other documents for loans which contained false …Read More... [read post]
26 Jan 2009, 1:54 am
Dead Banks Mean More Dead Bank Litigation: Both historically and more recently, failing banks have meant failed bank litigation. [read post]
14 Sep 2011, 3:03 pm by malik11397
” The employee originally worked for Countrywide Financial Corp., which merged with Bank of America in July 2008. [read post]
16 Aug 2007, 8:40 am
"We will not be funding loans tomorrow," wrote Erik Lutz, the president and founder of Great Southwest....First Magnus has described itself as "one of the largest privately held mortgage banking operations" in the country, lending in all 50 states. [read post]
19 Dec 2007, 12:03 pm
The speakers are Senator Dodd, Committee Chair and Sandy Samuels, Executive Managing Director of Countrywide Financial Corporation. [read post]
25 Oct 2016, 8:59 am by Len Feltoon
      Banks want you to use credit cards. [read post]
27 Dec 2008, 7:06 am
CHRIS DODD UPDATE: Dodd’s mortgage problems make a WTIC list of top Connecticut news stories of the year: As chairman of the Senate Banking Committee, Connecticut Sen. [read post]
11 Nov 2008, 9:46 pm
  No word on why the bankruptcy-dwelling Lehman Brothers or the takeover-submitting Countrywide Financial and Bear Stearns missed the bank holding company maneuver. [read post]
24 Mar 2007, 11:17 pm
The Senate Banking Committee held its hearing to examine the crisis in the subprime mortgage market, Judge Steen in Texas heard hours of testimony in the hearing to determine the appropriate sanctions for Countrywide's counsel Barrett Burke, and the Bankruptcy Appellate Panel for the Eighth Circuit decided the case of In re Zahn, 2007 WL 817510 (B.A.P 8th Cir. [read post]
10 Oct 2008, 12:58 pm
Washington Mutual, Freddie Mac, Wachovia, Bear Stearns, Countrywide and Merrill Lynch have been or are in the process of being acquired by big banks, strong enough to make the acquisition. [2] In this article, I will discuss the most recent acquisitions, Washington Mutual and Wachovia Corp., and analyze the benefits of this acquisition to the banking industry as well as the costs to consumers.II. [read post]
27 Jan 2011, 7:23 pm by Adam Levitin
Then last fall the financial world was shaken by the New York Fed, BlackRock, and PIMCO's demand letter to Bank of New York Mellon and Countrywide. [read post]
7 Jun 2013, 6:59 am
These thieves cannot only drain an unsuspecting person's bank accounts, but can also set up fake credit cards and charge thousands of dollars on the phony plastic. [read post]