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18 Apr 2010, 10:35 am
One might also note that Washington Mutual, unable to keep its promises to bondholders and depositors, relied on Chapter 11 bankruptcy and the FDIC to cancel its promises or fulfill them in its stead, and Bank of America compromised with bondholders on $36 billion in promises made by Countrywide. [read post]
29 Sep 2022, 8:00 am
Then, Countrywide steps back. [read post]
18 Jan 2022, 8:00 am
However, this is a lifeline that saves their bank accounts for many people. [read post]
1 Mar 2018, 8:50 am
Banks Must Know Your Worth Determining overall financial value is not a self-centered ego trip. [read post]
12 Jul 2012, 12:08 pm
" While the penalty against Well Fargo is hefty, it's only a little more than half of the amount paid by Bank of America Corp. in December 2011, when it shelled out $335 million to resolve fair lending charges against its Countrywide Financial unit. [read post]
14 Jan 2015, 4:46 am
The Court held that the federal bank robbery statute’s “forced accompaniment” provision applies whenever a bank robber forces someone to go somewhere with him, even for a short distance. [read post]
18 Nov 2012, 4:24 pm
According to BloombergBusinessweek just two days ago on November 15, 2012, the Federal Housing Administration (“FHA”) is going to need to be the next multi-billion dollar taxpayer funded bailout. [read post]
8 Jul 2013, 2:00 am
That was the question before the Delaware Supreme Court earlier this week in connection with the derivative suit filed against the management of Countrywide Mortgage prior to the company’s acquisition by Bank of America. [read post]
16 May 2010, 4:07 pm
William Black is a former bank regulator at the Federal Savings and Loan Insurance Corporation. [read post]
4 Nov 2013, 5:13 pm
While the suit was pending in the federal district court, the company merged into a wholly-owned subsidiary of Bank of America Corporation in a stock-for-stock transaction that divested the plaintiffs of their shares.Continuous ownership rule. [read post]
16 Feb 2009, 11:57 am
Christopher Dodd, chairman of the Senate Banking Committee, who got a sweetheart mortgage from Countrywide and carried water for Fannie Mae like Gunga Din, should be testifying before his own committee in an orange jumpsuit in exchange for early release. [read post]
21 Feb 2019, 7:00 am
The large credit card balances or empty bank accounts create panic. [read post]
4 Oct 2011, 3:18 pm
Other companies named as defendants include CitiMortgage, Washington Mutual Bank, PNC Bank (which acquired National City Mortgage), Countrywide Home Loans, Mortgage Investors, First Tennessee Bank (which acquired First Horizon Home Loan), Irwin Mortgage and New Freedom Mortgage. [read post]
6 Jun 2012, 6:58 am
California is a non-judicial foreclosure state, so there is no judge involved to whom the homeowner could explain why Bank of America, Countrywide’s purchaser, has no right in law to initiate a foreclosure. [read post]
25 Jun 2010, 7:55 am
If the description of the inflated fees sounds familiar, it could be because Bank of America settled very similar claims this month brought by homeowners who had mortgages through the now-defunct Countrywide Financial Corp. [read post]
22 Feb 2008, 12:36 pm
The article mentions advertising by Countrywide and the Bank of America, which is in the process of acquiring Countrywide, while today's piece notes that the Bank of America has proposed that a federal agency buy delinquent mortgages at a "deep discount. [read post]
1 Aug 2017, 8:50 am
They may understand a bank account but not appreciate that there is employee life insurance and other tangible financial assets they possess. [read post]
16 Jun 2022, 8:00 am
Automatic payments on a monthly basis can be arranged with your bank so that you do not forget. [read post]
31 Mar 2022, 8:00 am
The worst part about these invasions is an individual rarely knows it has happened until the end of the month bill comes from the credit card company, or the bank sends a notification of an account being closed. [read post]
3 Aug 2017, 8:50 am
That third-party is the one who is going to invade your credit account or your bank account. [read post]
