Search for: "Countrywide Bank"
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19 Apr 2010, 9:26 am
(now owned by Bank of America). [read post]
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]
18 Apr 2010, 7:44 am
During the years preceding the crisis, he worked on some of the biggest mergers and acquisitions of the decade, including Bank of America’s acquisitions of Countrywide Financial and Merrill Lynch. [read post]
6 Apr 2010, 5:09 pm
All of the loans were acquired in the bank's purchase of Countrywide Financial, the now-defunct mortgage lender that was once the king of the subprime market. [read post]
6 Apr 2010, 1:58 am
She also found that various statements about the bank’s loan underwriting practices on which the plaintiffs sought to rely were not false and misleading. [read post]
1 Apr 2010, 4:20 pm
Bank, 235 F.R.D. 390, 404 (N.D.Ill.2006); Gardner v. [read post]
1 Apr 2010, 5:00 am
BOA owns Countrywide Home Loans. [read post]
28 Mar 2010, 10:13 pm
Bank of America bought out Countrywide in 2008. [read post]
25 Mar 2010, 10:36 am
The Tennessean is reporting today that Bank of America is pledging to help certain struggling homeowners avoid foreclosure. [read post]
25 Mar 2010, 7:12 am
’’ The settlement calls for Bank of America and Countrywide to propose reductions in principal on underwater home loans at the beginning of the loan modification process, rather than as a last resort. [read post]
25 Mar 2010, 5:57 am
Massachusetts Attorney General Martha Coakley yesterday settled predatory mortgage lending allegations against Countrywide Financial Corporation (now owned by Bank of America), claimed to require $3.1 billion worth of loan modifications nationwide. [read post]
24 Mar 2010, 5:46 pm
The program would be available only to former Countrywide customers (Countrywide was acquired by BoA in 2008) and is by "invitation only. [read post]
24 Mar 2010, 2:16 pm
B of A is saying that this new strategy could apply to as many as 45,000 loans, including some of the “exotic time bombs” it inherited when it acquired Countrywide Home Loans last year. [read post]
24 Mar 2010, 12:44 pm
And today, Massachusetts Attorney General Martha Coakley obtained a $3 billion settlement from Countrywide/Bank of America that is to provide loan forgiveness to approximately 45,000 Massachusetts homeowners. [read post]
18 Mar 2010, 5:04 pm
This development seems somewhat ironic after BofA acquired the poster boy of the subprime lending fiasco, Countrywide Financial, 2 years ago. [read post]
12 Mar 2010, 1:59 am
Brian Ragauckas, 36, Secaucus, New Jersey, a police officer, was arrested based on a Complaint charging him with bank fraud in connection with a $529,777 mortgage loan that he obtained through false representations to the former Countrywide Bank FSB. [read post]
7 Mar 2010, 12:24 pm
For example, four days after the Connecticut Banking Commissioner examined one Connecticut lender, the lender notified the Commissioner that it was becoming a subsidiary of a national bank, thereby excusing it from compliance with Connecticut banking law. [read post]
5 Mar 2010, 9:04 am
Countrywide Home Loans, Inc., et al., a... [read post]
4 Mar 2010, 5:35 pm
Sixteen months after their last mortgage payment, they are still arguing with Bank of America, which bought Countrywide, for a loan modification. [read post]
24 Feb 2010, 9:50 am
An exasperating imprecision – FHA has no banks accounts of its own, it draws from the Treasury as required. [read post]