Search for: "Countrywide Bank"
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3 Dec 2009, 7:28 pm
Ben Bernanke told the US Senate today that it would be "tragic" if bank regulatory reform legislation stalled. [read post]
3 Dec 2009, 7:24 pm
This Countrywide Consent Judgment shows some more of the shenanigans. [read post]
20 Nov 2009, 9:13 pm
He grants that commercial banks gained some new freedom after repeal. [read post]
16 Nov 2009, 7:34 am
LIMITED ENTHUSIASM FOR Barney Frank and Chris Dodd's banking "fix. [read post]
11 Nov 2009, 6:05 am
Countrywide Fin. [read post]
6 Nov 2009, 9:29 am
Countrywide had been the largest U.S. mortgage lender before liquidity dried up in summer of 2007, leading to its acquisition the following year by Bank of America Corp (BAC.N) for $2.5 billion. [read post]
31 Oct 2009, 10:59 am
 I wonder if the banks think they’re going to be solvent again sometime soon too? [read post]
20 Oct 2009, 3:27 pm
In June, the SEC filed civil fraud charges against Angelo Mozilo, who founded the onetime mortgage giant Countrywide Financial Corp. [read post]
22 Sep 2009, 7:22 pm
"Angelo Mozilo may have set the tone at Countrywide, but there is no way you're going to find his fingerprints on any of those mortgages. [read post]
20 Sep 2009, 7:17 pm
Reich warned about the dangers makes it even more damning for the OTS that exotic failures like Washington Mutual, Downey, Countrywide (absorbed before it imploded), IndyMac, World Savings (also absorbed prior to melting down but dragging its white knight through the mud), Bank United, and others made their missteps on Mr, Reich's watch. [read post]
11 Sep 2009, 6:57 am
“With Chris Dodd keeping his seat as Senate Banking Committee Chair, the players for the battle royale on regulatory intrusion are set. [read post]
9 Sep 2009, 2:52 am
The fact that these enormous settlements were entered before the motions to dismiss were heard in each of these cases and also shortly after Bank of America acquired Merrill Lynch suggests that following its acquisition of Merrill, Bank of America moved quickly to clear the decks of Merrill litigation that predated the merger, even if substantial sums proved to be required to accomplish that goal. [read post]
8 Sep 2009, 5:15 pm
Countrywide, now owned by Bank of America, is too far removed at this point. [read post]
2 Sep 2009, 12:19 am
On a mission for weaker regulation, Countrywide changed its status from a bank to a thrift, thereby changing its regulator from the OCC to the OTS. [read post]
29 Aug 2009, 7:14 am
In sum, a class action suit was filed shortly after Countrywide announced that it was merging with Bank of America in January 2008. [read post]
27 Aug 2009, 6:42 am
Vice Chancellor Noble has approved a settlement in the class action arising from the merger of Countrywide Financial Corporation and Bank of America. [read post]
26 Aug 2009, 1:01 pm
A spokesperson for Bank of America, which bought Countrywide in 2008, pointed out that the ruling did not invalidate the safe harbor argument entirely; it just moved the proceedings to state court. [read post]
12 Aug 2009, 1:36 pm
As many Credit Slips readers may be aware, Countrywide Home Loans (which is now part of Bank of America) has been the subject of proceedings in several bankruptcy courts because of the shoddy recordkeeping behind their claims in bankruptcy cases. [read post]
7 Aug 2009, 12:34 pm
Connecticut Senator Christopher Dodd received a better mortgage deal from subprime lender Countrywide, simply because Dodd was a United States Senator. [read post]
27 Jul 2009, 7:17 pm
Members of Congress get preferential loans and yet they still apparently have no ability to stop Countrywide, now Bank of America, from its foreclosure boom. [read post]
