Search for: "Countrywide Bank"
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13 Nov 2007, 3:52 am
Countrywide Financial, the mortgage lender, said Monday that its ability to raise money and increase deposits in its banking subsidiary could be hampered if its credit ratings were reduced below investment grade. [read post]
28 Oct 2007, 8:25 pm
Since then, Countrywide's become another poster child for the dangers of a monoline bank. [read post]
26 Oct 2007, 8:38 am
His $48 million package exceeded (by at least $9 million) the CEO pay packages at Bank of America, JP Morgan Chase, and Citigroup, which Countrywide cited as peer companies for assessing its executive pay. [read post]
8 Oct 2007, 9:18 am
In addition, lender Countrywide, homebuilder Beazer Homes, and Freemont General have been sued by their own employees over losses they suffered in their 401(k) accounts through their holding of company shares. [read post]
5 Oct 2007, 7:32 am
As I noted in June, the "monoline model" is a no-go (and all you Countrywide folks who wrote and razzed me over that previous post, you've since proved my point. [read post]
2 Oct 2007, 8:33 pm
Countrywide Bank offices typically are small kiosks within Countrywide home-loan offices, often located in strip malls. [read post]
1 Oct 2007, 8:42 pm
Countrywide Bank offices typically are small kiosks within Countrywide home-loan offices, often located in strip malls. [read post]
30 Sep 2007, 8:49 pm
As I noted in June, the "monoline model" is a no-go (and all you Countrywide folks who wrote and razzed me over that previous post, you've since proved my point. [read post]
2 Sep 2007, 2:26 pm
The stock price is dropping and Countrywide had to draw down its bank credit line. [read post]
31 Aug 2007, 5:42 am
Shares of brokers, banks and mortgage lenders, all of which have [...] [read post]
31 Aug 2007, 1:05 am
"
New Deals Thursday, August 30, 2007 By Beth Bar "Bank of America Corp. has agreed to invest $2 billion in Countrywide Financial Corp. as Countrywide, the nation's largest mortgage lender, tries to stay afloat amidst a credit crunch that has riled Wall Street and the mortgage industry. [read post]
29 Aug 2007, 5:14 am
Bank of America). [read post]
24 Aug 2007, 10:00 am
Bank of American bought 20,000 shares of Countrywide preferred stock for $2billion. [read post]
23 Aug 2007, 9:13 pm
Chuckles Schumer interrupted his vacation yesterday to jawbone big banks for money (paid subscription required).The roughly 40 lenders he wrote included Citigroup Inc., Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Countrywide Financial Corp., and Washington Mutual Inc. [read post]
21 Aug 2007, 8:01 pm
Bank of America appears to be bailing Countrywide out with a $2 billion investment in the form of convertible preferred stock. [read post]
21 Aug 2007, 9:37 am
The reports of a recent depositor run at the Countrywide Bank in California may reveal an emerging shortcoming in comfort with the industry's FDIC insurance. [read post]
19 Aug 2007, 7:34 pm
The recent Countrywide Mortgage difficulties have had customers at Countrywide Bank very nervous about the state of their deposits. [read post]
16 Aug 2007, 10:48 am
And then there are the 40 banks providing an $11.5 billion credit line to Countrywide, which the company said [...] [read post]
16 Aug 2007, 8:40 am
"We will not be funding loans tomorrow," wrote Erik Lutz, the president and founder of Great Southwest....First Magnus has described itself as "one of the largest privately held mortgage banking operations" in the country, lending in all 50 states. [read post]
13 Aug 2007, 8:43 pm
" [snip] John McMurray, chief risk officer of Countrywide, said during the call, "if we look at those that refinance, approximately 50 percent of those borrowers refinance into a prime loan. [read post]
