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11 Jan 2008, 8:28 am
With all the speculation this week about a potential bankruptcy filing for Countrywide Financial, it would have taken a brave soul to buy call options on Countrywide’s stock. [read post]
17 Oct 2010, 11:50 pm
Mozilo, Countrywide Financial's chief executive, was publicly buoyant about its ability to ride out the mortgage crisis. [read post]
16 Sep 2010, 11:27 pm
Angelo Mozilo, the former chief executive of Countrywide Financial, lost a bid to have a government lawsuit on claims he misled investors about risks tied to subprime lending thrown out of court. [read post]
11 Sep 2013, 4:45 am
The Delaware Supreme Court just issued its opinion in response to a certified question posed to it by the Ninth Circuit in the Countrywide shareholder litigation. [read post]
1 Jul 2013, 6:11 am
Countrywide Lending, No 12-5250 (January 15, 2013). [read post]
7 Jun 2010, 2:25 pm
It is a great victory for homeowners as BOA agreed to pay 108 million to defrauded Countrywide homeowners. http://www.dailyfinance.com/story/real-estate/bofa-to-repay-108-million-to-bilked-countrywide-borrowers/19506298/ [read post]
25 Feb 2011, 6:08 pm
A federal judge approved a deal in which the bank will pay $600 million to several New York pension funds that sued Countrywide. [read post]
24 Sep 2011, 8:30 am
Foster was Countrywide's fraud investigations chief. [read post]
26 Jan 2007, 1:57 pm
Bank of America and Countrywide Financial have held discussions about an “alliance” that could eventually lead to an acquisition of Countrywide by Bank of America, The Financial Times reported Friday afternoon, citing unnamed sources. [read post]
5 May 2008, 4:58 am
Countrywide’s loan portfolio has deteriorated so rapidly that it currently has negative equity and the [...] [read post]
11 Jan 2008, 4:57 am
Countrywide shareholders seemed to expect a higher price: The stock swap valued Countrywide’s shares [...] [read post]
17 Jan 2009, 10:29 pm
Defending a lawsuit claiming it engaged in fraud and misrepresentation when it strung borrowers along with the promise of a loan modification, Countrywide asserted that its ads promising help with loan modification was just puffery. [read post]
29 Oct 2007, 5:36 pm
The figures tell the story: COUNTRYWIDE FINANCIAL CORPORATION [...] [read post]
30 Oct 2013, 10:13 pm
A New York Federal court recently found ex-Countrywide executive Rebecca Mairone guilty of committing fraud while overseeing Countrywide’s loan-origination program. [read post]
17 Aug 2007, 11:17 am
” The less-than-ringing endorsement came a few days after an analyst at Merrill Lynch slashed his Countrywide rating [...] [read post]
28 Jul 2009, 7:33 pm
Texas recently showed how much blood a great big pair of Justin boots can stomp out of the Countrywide turnip. [read post]
14 Oct 2010, 10:42 pm
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]
1 Jul 2008, 4:08 pm
The Countrywide drama also opened on June 30, 2008 in Florida.Jordan E. [read post]
12 Aug 2009, 1:36 pm
Judge Shea-Stonum found that such a requirement would prevent future misconduct by Countrywide. [read post]
22 Jul 2010, 7:28 am
A New York appellate court upholds the dismissal of a Countrywide foreclosure complaint because Countrywide did not have standing to bring the suit at the time it was filed. [read post]