Search for: "Countrywide Bank"
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22 Sep 2008, 1:20 pm
" (NYT) "The investment banking era ends. [read post]
16 Sep 2008, 9:25 am
On top of its January 2008 acquisition of Countrywide Financial, the nation's largest mortgage lender, Bank of America can expect a heavy litigation burden, the plaintiffs lawyer said. [read post]
15 Sep 2008, 3:06 pm
The bank has previously acquired Countrywide Financial Corporation, MBNA Corp., Fleet First Boston, and US Trust Corp., among others. [read post]
15 Sep 2008, 7:54 am
Like the Bank of America acquisition of Countrywide and now "Mother Merrill," bargains abound for well-positioned buyers planning strategically for the long-term.Of course there are many unknown consequences to be revealed in the days and weeks ahead. [read post]
15 Sep 2008, 5:14 am
But that's not all the news that's fit to print.According to the New York Times, Bank of America, which last purchased Countrywide Mortgage, is purchasing Merrill Lynch, the retail brokerage giant, while AIG facing a liquidation crunch, needs a loan from the Fed to stay afloat through the close of the day, and Washington Mutual teeters on failure. [read post]
15 Sep 2008, 3:01 am
The boards of the two companies approved the deal Sunday evening, according to people familiar with the matter.Driven by Chief Executive Kenneth Lewis, Bank of America has already made dozens of acquisitions large and small, including the purchase of ailing mortgage lender Countrywide Financial Corp. earlier this year. [read post]
25 Aug 2008, 3:23 am
Instead, Cooper is asking lawyers for CitiFinancial, JPMorgan Chase, and Countrywide Financial to fix problems like peeling paint, broken masonry, and overgrown or trash-filled yards at houses the city says the banks are responsible for maintaining. [read post]
22 Aug 2008, 12:21 pm
§ 1407, Over Objection of Responding Class Action Defendants, but Rejects All Recommended Transferee Courts and Transfers Class Actions to Western District of Kentucky Three class actions – one each in California, Illinois and Massachusetts – were filed against various defendants, including Countrywide Financial Corp., Countrywide Home Loans and Countrywide Bank, FSB (collectively “Countrywide”); the… [read post]
20 Aug 2008, 6:39 pm
If you're looking to invest and operate in the Wild, Wild West, it's almost always best to look outside the banking business, Countrywide notwithstanding. [read post]
20 Aug 2008, 2:08 am
For example, allegations of Andrew Mozillo’s alleged misuse of his Rule 10b5-1 plans are a central part of the Countrywide shareholders’ derivative complaint (refer here). [read post]
18 Aug 2008, 8:00 pm
These lawsuits have included: Bear Stearns suing a former executive director who joined a competitor in Massachusetts; Motorola suing a former executive in Illinois who joined Apple; Clear Channel suing a former vice president who joined The Tribune Co. in Illinois; Wachovia suing Banc of America and three former Wachovia employees in Virginia; Countrywide suing an ex-manager in Oklahoma; Merrill Lynch suing a former financial advisor in Florida; … [read post]
18 Aug 2008, 12:04 am
Yesterday's Times reported "Judge Rejects Countrywide Settlement" about how a bankruptcy judge rejected the settlement between Countrywide and nearly 300 of its borrowers, saying he wasn't convinced it was fair to the borrowers. [read post]
14 Aug 2008, 2:15 pm
Blumenthal’s lawsuit seeks restitution for consumers as well as fines and forfeitures to the state for alleged violations of Connecticut consumer protection and banking laws. [read post]
12 Aug 2008, 2:43 pm
After all, now that Countrywide is owned by Bank of America (BAC), there won’t be any more Qs going forward. [read post]
12 Aug 2008, 2:00 pm
DiMarzio Newmark Knight Frank Capital Group Investment Sales Broker 1 Edward Lombardo Pacific National Bank Commercial Real Estate Finance 3 helen anderson Coldwell Banker Hunt Kennedy Brokerage - Residential 2 Mark Stempel The Riese Organization Vice President of Real Estate 2 Derek Dizhi Huang City Link Realty Inc Associate Broker 3 Ryland Mennell America's Realty LLC Brokerage - Residential 2 Charles Zivancev Corcoran Sales 3 Terry Lawler … [read post]
11 Aug 2008, 3:19 pm
The State of Connecticut has brought suit against Bank of America's newly acquired Countrywide Financial Corp. alleging that Countrywide made loans that were unaffordable or unsuitable to the borrower in violation of the state's unfair trade practices and banking laws.... [read post]
6 Aug 2008, 3:03 pm
That could be because at least based on disclosures in the Q, people have to advertise to appear on the site and it’s unclear why banks that already have their own systems in place would sign up. [read post]
2 Aug 2008, 4:13 am
This information included compromised patient data, bank customer data and even sensitive e-mail communications. [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]
21 Jul 2008, 2:41 pm
Bank of America also avoided an opposition campaign this year, but it may face greater scrutiny from investors in 2009 over its purchase of Countrywide. [read post]
