Search for: "Countrywide Bank"
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18 May 2009, 9:57 am
"Fannie and Freddie are a threat to his banks," Mr. [read post]
22 Aug 2011, 11:42 am
Schneiderman has . . . come under criticism for objecting to a settlement proposed by Bank of New York Mellon and Bank of America that would cover 530 mortgage-backed securities containing Countrywide Financial loans that investors say were mischaracterized when they were sold. . . . [read post]
22 Aug 2011, 11:42 am
Schneiderman has . . . come under criticism for objecting to a settlement proposed by Bank of New York Mellon and Bank of America that would cover 530 mortgage-backed securities containing Countrywide Financial loans that investors say were mischaracterized when they were sold. . . . [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]
9 May 2013, 7:40 am
This doesn't just include bank accounts or credit cards. [read post]
14 Nov 2012, 8:07 pm
There is no substitute for an in camera demonstration that companies such as Countrywide actually have the real origination documents. [read post]
8 Feb 2009, 4:53 am
The news would have been troubling in any event, but the fact that Countrywide was in the midst of an epic collapse in the national subprime mortgage market and that he is chairman of the Senate Banking Committee, which wields considerable authority over the nation’s financial sector, brought the potential scandal to a new level. [read post]
9 Feb 2012, 1:20 am
.: The $5 billion includes a $1 billion resolution of a separate investigation into fraudulent and wrongful conduct by Bank of America and various Countrywide entities related to the origination and underwriting of Federal Housing Administration (FHA)-insured mortgage loans, and systematic inflation of appraisal values concerning these loans, from Jan. 1, 2003 through April 30, 2009. [read post]
24 Jul 2008, 4:22 pm
Grand jury subpoenas have been issued in recent weeks and months to Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank seeking a wide range of information, according to sources with direct knowledge of the subpoenas. [read post]
7 Sep 2011, 11:29 am
I am no apologist for the banks. [read post]
13 Jul 2012, 1:00 am
As detailed here, the plaintiffs alleged that the bank had misrepresented its reliance (and the reliance of Countrywide Mortgage, a company Bank of American purchased at the outset of the financial crisis) on the Mortgage Electronic Registration System (MERS), a computerized system for tracking mortgages that tried to eliminate the need for mortgage originators to physically record mortgages. [read post]
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]
28 Apr 2009, 6:12 am
The other story focuses on the bad communication between Escondido homeowner Elba Coronado and her lender, Countrywide Financial. [read post]
17 Mar 2009, 4:50 am
Senator on the powerful Senate Banking committee. [read post]
21 Dec 2015, 8:06 am
The Financial Woe Not everybody dies with just a house and bank account as assets. [read post]
18 Nov 2008, 9:22 am
Today, the WSJ reports on the next chapter in Bank of America’s move to modify home loans in order to settle charges brought by state attorneys general against Countrywide Financial. [read post]
18 Apr 2013, 5:32 am
BOA bought Countrywide and continued to service the loan. [read post]
3 Oct 2011, 4:16 am
The banks haven’t been able to do it. [read post]
22 Mar 2009, 8:58 pm
Countrywide, once the country’s largest mortgage lender, was sold last year to Bank of America as its subprime mortgage portfolio began to collapse. [read post]
6 Oct 2011, 4:07 pm
" Bank of America, which bought Countrywide Financial Corp. in 2008, may be among the biggest losers if its claims are rejected, according to Miller. [read post]
