Search for: "Countrywide Bank"
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31 Mar 2008, 4:48 am
Last Friday, the California district court addressed three separate motions that “generally relate to the series of cases before [it] and other courts involving Countrywide…, Bank of America…, and several current and former Countrywide directors and officers. [read post]
30 Mar 2008, 10:52 am
The Federal Reserve has announced public hearings in Chicago and Los Angeles on Bank of America's acquisition of Countrywide. [read post]
25 Mar 2008, 7:39 am
When it comes to the subprime mortgage crisis, IndyMac (IMB) may not be as large of a poster child as Countrywide Financial (CFC). [read post]
23 Mar 2008, 8:31 pm
Not that a bank regulator would have done whatever it took to let Legg Mason pump badly needed capital into troubled Countrywide. [read post]
23 Mar 2008, 6:56 pm
Enter subprime mortgage lenders like Ameriquest and Countrywide. [read post]
12 Mar 2008, 2:45 pm
Mozilo reportedly stood to earn $115 after Countrywide's pending sale to Bank of America is completed. [read post]
10 Mar 2008, 10:57 pm
It is in the process of being acquired by Bank of America. [read post]
4 Mar 2008, 3:06 pm
Early voting results: Comcast 21%, Best Buy 8%, Bank of America 5%, Fox News 5%, Walmart 5%, Countrywide 4%, Verizon 3%, AT&T 3%. [read post]
3 Mar 2008, 4:25 am
Countrywide Home Loans, the troubled mortgage lender that has agreed to be sold to Bank of America, engaged in questionable conduct in a bankruptcy case involving two borrowers in Atlanta, the United States Trustee contended in a lawsuit filed late Thursday. [read post]
25 Feb 2008, 7:55 am
Citigroup (C), which has also been caught like a deer-in-subprime headlights, is also paring back, judging by this exhibit attached to the 10-K the banking giant filed late Friday. [read post]
22 Feb 2008, 2:30 pm
Countrywide is selling itself at fire-sale prices to Bank of America. [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]
21 Feb 2008, 10:57 pm
Meanwhile, Bank of America faces its own lawsuits related to the subprime meltdown, and individual shareholders filed at least three class action suits against the bank in January challenging the purchase of Countrywide. [read post]
18 Feb 2008, 11:57 am
While there have been proposals in the U.S. for various sorts of bail-outs of insurers and mortgage investors, I am not aware of any proposals to nationalize Countrywide. [read post]
15 Feb 2008, 9:17 am
Earlier this month, President Bush and Treasury Secretary Henry Paulson, together with representatives from Bank of America Mortgage, JP Chase, Citigroup, Countrywide, Washington Mutual and Wells Fargo announced the creation of "Project Lifeline" designed to help financially strapped homeowners avoid foreclosure. [read post]
13 Feb 2008, 4:06 am
This article in today's Washington Post explains the Bush Administration's joint program with six large mortgage lenders -- Countrywide Financial, Bank of America, Citigroup, J.P. [read post]
12 Feb 2008, 7:36 am
The plan initially will involve six of the largest mortgage lenders -- Bank of America Corp., Citigroup Inc., Countrywide Financial Corp., JPMorgan Chase & Co., Washington Mutual Inc. and Wells Fargo & Co. [read post]
11 Feb 2008, 8:39 pm
This could be similar to the partnership that exists between the FDIC and state banking commissioners in the oversight of state-chartered banks. [read post]
7 Feb 2008, 6:05 am
[14] Ruth Simon, Subpoena Deepens Countrywide's Woes, WALL ST. [read post]
4 Feb 2008, 4:53 am
Consumer groups in four states are asking congressional banking committees to conduct hearings on Bank of America’s proposed $4.1 billion buyout of struggling mortgage lender Countrywide Financial. [read post]
