Search for: "Countrywide Bank"
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10 Aug 2007, 11:34 am
Regulators in the U.S., Europe and Japan have responded by pumping money into the banking system. [read post]
26 Jul 2007, 3:15 pm
Days after Wells Fargo, Countrywide and Washington Mutual killed several subprime mortgages popular with spotty borrowers, Wells Fargo let another shoe drop: It will no longer issue subprime loans through brokers. [read post]
26 Jul 2007, 8:14 am
Countrywide's CEO, Angelo Mozilo, has years of industry experience, and Countrywide restricted its subprime and alternative lending well ahead of some of its competitors. [read post]
31 May 2007, 10:06 am
Four proposals are scheduled to appear on company ballots in early June, including Nabors Industries on June 5, Ingersoll-Rand on June 6, Affiliated Computer Services on June 7, and Countrywide Financial on June 13. [read post]
26 Apr 2007, 8:21 pm
Bert Ely, a banking industry consultant in Alexandria, Va., disagreed, pointing out that lenders have every incentive to prevent foreclosures. [read post]
22 Apr 2007, 4:39 am
The states filed an amicus arguing they could oversee non-banking subsidiaries of national banks. [read post]
26 Mar 2007, 11:21 pm
United States National Bank, __ F.3d __ (9th Cir. [read post]
24 Mar 2007, 11:17 pm
The Senate Banking Committee held its hearing to examine the crisis in the subprime mortgage market, Judge Steen in Texas heard hours of testimony in the hearing to determine the appropriate sanctions for Countrywide's counsel Barrett Burke, and the Bankruptcy Appellate Panel for the Eighth Circuit decided the case of In re Zahn, 2007 WL 817510 (B.A.P 8th Cir. [read post]
19 Mar 2007, 9:32 pm
Jan. 9, 2007)(finding sanctions were warranted against Countrywide's counsel, Barrett Burke Wilson Castle Daffin & Frapier, LLP, based on, among other things, false allegations in "computer generated pleadings"). [read post]
31 Jan 2007, 11:47 am
Asked about recent reports that Bank of America was in talks that might lead to an acquisition of Countrywide, Bank of America Chief Executive Kenneth Lewis said Wednesday his company would follow a mortgage strategy of “organic growth.” Speaking at a financial-services conference, he also said the odds were “pretty low” that his company [...] [read post]
26 Jan 2007, 1:57 pm
Bank of America and Countrywide Financial have held discussions about an “alliance” that could eventually lead to an acquisition of Countrywide by Bank of America, The Financial Times reported Friday afternoon, citing unnamed sources. [read post]
6 Dec 2006, 10:29 pm
"(Though Countrywide has a national bank, its home loan unit is separate and thus not shielded by preemption. [read post]
16 Nov 2006, 11:18 pm
If the change is approved, the Countrywide Bank unit would become a federal savings bank, and the parent company would convert to a savings and loan holding company, the Calabasas-based lender said in a statement [November 10]. [read post]
7 Oct 2005, 11:03 am
Then folks won't have enough money to pay rent or utilities, and any checks they write will bounce when MBNA wipes out the bank account. [read post]
