Search for: "Countrywide Bank/Bank of America"
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24 Oct 2012, 11:08 am
This meant that Countrywide and Bank of America like knew that the loans they were originating and then selling to the GSEs were defective and/or fraudulent. [read post]
28 Oct 2013, 12:04 pm
Bank of America, who bought Countrywide in 2008, denied any knowing of wrongdoing, fraud, or issues with the loans. [read post]
3 Jan 2011, 2:27 pm
Bank of America acquired Countrywide, and therefore the liability... [read post]
12 Oct 2008, 9:27 pm
Countrywide is now owned by Bank of America (as of July, 2008) and the Countrywide/Bank of America plan is designed to settle complaints filed against Countrywide by several state Attorneys General over predatory lending practices. [read post]
11 Sep 2011, 12:48 pm
The lawsuit alleges that Bank of America, and the mortgage giant Countrywide that it acquired in 2008, deceived homeowners at nearly every stage. [read post]
7 Jun 2010, 3:08 pm
Bank of America) in connection with its mortgage servicing practices. [read post]
8 Jun 2009, 7:42 pm
The City of Cleveland advanced a novel legal theory when it sued a host of lenders, including Ameriquest, Bank of America, Bear Stearns, Citigroup, Countrywide, Credit Suisse, Deutsche Bank, JP Morgan Chase, and others. [read post]
17 Jun 2011, 6:40 am
So we were not surprised to read that a federal inspector is accusing Bank of America of intentionally obfuscating inspections by the federal government. [read post]
1 Sep 2011, 11:10 am
Bank of America has had to fend off lawsuits filed against Countrywide, which the bank paid $2.5 billion for three years ago. [read post]
21 Dec 2011, 1:37 pm
Dan Frahm, a Bank of America spokesman, said in a statement that Countrywide's practices occurred before Bank of America purchased the company. [read post]
1 Jul 2008, 3:56 am
On June 5, the Federal Reserve granted permission to Bank of America Corp. to buy Countrywide for $4 billion.On June 30, Lisa Myers discussed questionable loans made by Countrywide, including statements by one Mark Zachery and by one Lisa Blue suggesting outright fraud by Countrywide. [read post]
21 Sep 2011, 3:23 pm
Inverview from Bloomberg: Harvey Miller, a partner at Weil Gotshal & Manges LLP, discusses the prospects of that Bank of America Corp. may put its Countrywide Financial Corp. unit into bankruptcy. [read post]
23 Mar 2009, 5:13 pm
"Since 2007, Bank of America has acquired Countrywide, Merrill Lynch, ABN AMRO North America, and La Salle Bank. [read post]
25 Feb 2009, 2:58 pm
Bank of America's chief executive, Kenneth D. [read post]
31 Aug 2011, 2:40 pm
U.S Bank has filed a lawsuit against Bank of America to force a buyback of up to $1.75 billion of mortgages that it claims did not conform to the representations made by Countrywide. [read post]
22 Dec 2011, 8:41 am
They could start with Countrywide's parent, Bank of America. [read post]
12 Aug 2009, 1:36 pm
As many Credit Slips readers may be aware, Countrywide Home Loans (which is now part of Bank of America) has been the subject of proceedings in several bankruptcy courts because of the shoddy recordkeeping behind their claims in bankruptcy cases. [read post]
15 Jun 2010, 9:53 am
., No. 530, 2009 (May 21, 2010), read opinion here, issued a unanimous en banc decision affirming the Court of Chancery’s approval of a settlement among a majority of Countrywide stockholders, Countrywide directors, and Bank of America (“BOA”), related to Countrywide’s merger with BOA. [read post]
23 Feb 2012, 3:08 pm
Apparently unfazed by its self-contradiction, however, Countrywide Financial (now owned by Bank of America) invoked this exact defense against MBIA in that company’s ongoing repurchase lawsuit against Countrywide. [read post]
27 Aug 2009, 6:42 am
Vice Chancellor Noble has approved a settlement in the class action arising from the merger of Countrywide Financial Corporation and Bank of America. [read post]
