Search for: "Countrywide Securities Corporation" Results 101 - 120 of 236
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23 Nov 2011, 9:47 am by Nissenbaum Law Group
In August 2004, in order to secure a promissory note, Laks executed a mortgage on her home in favor of the Mortgage Electronic Registration System, Inc. [read post]
14 Nov 2011, 2:13 pm
Nearly half of these defendants were senior corporate executives, CEOs and CFOs. [read post]
10 Nov 2011, 7:10 pm by Kiera Flynn
At its November 10 Conference, the Court considers such issues as the constitutionality of the Affordable Care Act, eligibility for Social Security benefits, and the interaction of the Bankruptcy Code’s automatic stay and the Real Estate Settlement Procedures Act. [read post]
25 Oct 2011, 4:30 am
Rev. 121 (Winter 2009) Denise Mazzeo, Securities Class Actions, CAFA, and a Countrywide Crisis: A Call for clarity and Consistency; 78 Fordham L. [read post]
24 Oct 2011, 9:43 am
Rev. 121 (Winter 2009) Denise Mazzeo, Securities Class Actions, CAFA, and a Countrywide Crisis: A Call for clarity and Consistency; 78 Fordham L. [read post]
6 Oct 2011, 5:00 am by Doug Cornelius
Countrywide, Novastar, and Fremont all get ripped apart. [read post]
13 Sep 2011, 10:41 am
Investors who bought toxic mortgage-backed bonds from Bank of America’s Countrywide, and homeowners seeking loan modifications are proposing drastic measures to better enable BofA to deal with the onslaught of their litigation without a bankruptcy or a receivership imposed by the Federal Deposit Insurance Corporation. [read post]
7 Sep 2011, 1:23 am by Kevin LaCroix
  With these latest settlements (many of which are subject to court approval), there have now been a total of 29 settlements collectively representing a total of almost $3.4 billion, for an average settlement of $116 million (although that average is obviously skewed upward by the $627 million Wachovia bondholders settlement and the $624 million Countrywide shareholders settlement)   As impressive as these cumulative numbers are, there are still many more cases pending. [read post]
29 Aug 2011, 5:01 pm
Once again, Western and Southern Life Insurance Co. is suing Bank of America Corporation for the alleged misrepresentation of mortgage-backed securities that the financial firm sold to the insurer. [read post]
8 Aug 2011, 1:49 am by Kevin LaCroix
Interestingly, both the Countrywide and Wachovia settlements included substantial settlement contributions from KPMG -- $37 million in the Wachovia case and $24 million in the Countrywide case. [read post]
8 Aug 2011, 1:49 am by Kevin LaCroix
Interestingly, both the Countrywide and Wachovia settlements included substantial settlement contributions from KPMG -- $37 million in the Wachovia case and $24 million in the Countrywide case. [read post]
1 Aug 2011, 2:06 am by Kevin LaCroix
  The securities lawsuit in question is the case filed by shareholders of Countrywide, which previously settled for $624 million. [read post]
5 Jul 2011, 1:41 am by Kevin LaCroix
  Yet Another Failed Bank Securities Lawsuit Settlement: On June 27, 2011, lead plaintiffs in the securities class action lawsuit filed in the Southern District of Florida on behalf of shareholders of the BankUnited Financial Corporation, the bankrupt holding company for the failed BankUnited FSB, filed a notice that the parties had reached an agreement to settle the case for $3 million. [read post]
29 Jun 2011, 6:57 am by Zach Zagger
The securities, called first-lien residential mortgage-backed securitization, were issued by the BOA unit Countrywide Financial Corporation [corporate website], which it purchased [AP report] for $4 billion in 2008. [read post]
12 Jun 2011, 3:10 pm by Richard Posner
Private banks like Morgan Stanley and Goldman Sachs and Countrywide bought mortgages, securitized them, and sold interests in them (these firms also bought mortgage-backed securities created by other financial firms)—a sequence wholly separate from the activities of Fannie and Freddie. [read post]