Search for: "Countrywide Bank"
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5 Jan 2009, 9:05 am
The court reasoned that it would only allow the plaintiffs to retain standing if: (1) the value of the derivative claim was not included in the consideration by Bank of America as part of the merger; and (2) such consideration was not at least as valuable as the value of Countrywide, including the derivative claims for relief. [read post]
31 Oct 2012, 7:37 am
Although Bank of America didn't control Countrywide at the time the alleged scheme first started in 2007, prosecutors say BofA knowingly continued this fraud long after it acquired Countrywide. [read post]
9 Jun 2011, 7:25 am
In 104 of those cases, the loan was originally made by Countrywide, with the other 26 made by other banks and sold to Countrywide for securitization. [read post]
3 Mar 2009, 2:35 pm
Standard & Poor's cut its credit rating on Bank of America to A from A+ on Tuesday afternoon, citing the weak economy and warning that its Merrill Lynch and Countrywide Financial units were likely to continue to weigh on the bank's earnings. [read post]
9 Apr 2012, 11:23 pm
Countrywide Home Loans Inc. had originally been master servicer until it merged with Bank of America (BAC). [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]
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]
3 Jan 2011, 2:27 pm
Bank of America acquired Countrywide, and therefore the liability... [read post]
8 Oct 2011, 6:20 am
The move appears to target Bank of America and now defunct mortgage lender Countrywide, although other companies could be subject to the same investigation. [read post]
30 Jun 2011, 1:18 am
Moynihan is putting to rest the Countrywide issues he inherited, and is poised to put Bank of America on a new course, Reuters Breakingviews writes. [read post]
8 Oct 2011, 9:23 am
Countrywide was one of the largest lenders in the country when Bank of America bought it in 2008. [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]
24 Mar 2009, 5:52 am
Countrywide’s CEO Angelo Mozilo granted sweetheart mortgages to a number of influential lawmakers including Connecticut Democrat Chris Dodd, who is chairman of the Senate Banking Committee, and Democratic Senator Kent Conrad of North Dakota. [read post]
12 Jun 2010, 8:47 am
The allegations were levied against Countrywide Financial Corp., which Bank of America purchased nearly two years ago. [read post]
12 Jun 2010, 7:47 am
The allegations were levied against Countrywide Financial Corp., which Bank of America purchased nearly two years ago. [read post]
26 Mar 2012, 11:09 am
The Sixth Circuit has accepted an interlocutory appeal in multi-district litigation pending against Countrywide Bank NA in the Western District of Kentucky. [read post]
7 Oct 2008, 1:38 am
" In other consumer news in today's issue, the Times reports "Countrywide to Set Aside $8.4 Billion in Loan Aid. [read post]
9 Jun 2010, 7:59 pm
The Federal Trade Commission has posted an article about how two Countrywide mortgage servicing companies are to pay $108 million to the struggling homeowners they overcharged with "illegal and excessive fees" before it was acquired by Bank of American in July of 2008. [read post]
15 Feb 2012, 3:10 am
Countrywide’s successor in interest, Bank of America, brought a motion for reconsideration before the Ninth Circuit, which the appellate court denied in its January 3 order. [read post]
