Search for: "Countrywide Bank/Bank of America"
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13 Mar 2012, 6:42 am
The state also alleged violations of the consent judgment, via dual track foreclosures and refusal to modify loans, between the bank and the state stemming from allegations of fraud and predatory lending in the Countrywide Financial subsidiaries Bank of America bought. [read post]
29 Jan 2008, 7:21 am
Then, in the nick of time, Bank of America swooped in, announcing on January 10 that it had agreed to buy Countrywide for $4.1 billion. [read post]
22 Oct 2011, 12:34 pm
Against the Financial Firm, Institutional Investor Securities Blog, August 29, 2011 Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investor Securities Blog, July 22, 2011 Bank of America and Countrywide Financial Sued by Allstate over $700M in Bad Mortgaged-Backed Securities, Stockbroker Fraud… [read post]
24 Mar 2011, 10:00 am
The former Balboa employee, revealed the emails from the company who deals in force-placed insurance coverage on mortgages, working closely with Countrywide Financial and as such, Bank of America, who bought Countrywide a few years ago. [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]
12 Jan 2015, 12:32 pm
Ambac asserts a cause of action for fraudulent inducement against the Countrywide entities and a cause of action for successor liability against Bank of America. [read post]
8 Apr 2014, 7:14 am
Bank of America Press Release. [read post]
3 Apr 2009, 4:43 am
A Delaware judge rejected Bank of America's effort to settle a shareholder lawsuit over its 2008 purchase of mortgage lender Countrywide Financial, saying the settlement would wrongly scuttle potential fraud claims, Reuters reported. [read post]
11 Jan 2008, 9:35 am
Bank of America’s deal to acquire Countrywide Financial has garnered both praise and brickbats from the financial community and the press. [read post]
15 Jan 2008, 4:40 am
Fears that the troubled mortgage lender Countrywide Financial has been on the verge of bankruptcy were due to unfounded rumors, Bank of America’s chief executive, Kenneth Lewis, said Monday. [read post]
24 Sep 2010, 12:16 pm
Bank of America services the former Countrywide portfolio, plagued by predatory loan originations and servicing errors. [read post]
22 Sep 2014, 8:50 am
The court applied the same analysis to offerings by Bank of America/Merrill Lynch not backed by Countrywide loans. [read post]
1 Jul 2008, 4:40 pm
Today (July 1) is supposed to be the closing date for the Bank of America/Countrywide merger. [read post]
4 Dec 2008, 12:56 am
Remember, Bank of America bought Countrywide and that stock went up today. [read post]
13 Jul 2012, 8:49 am
BofA’s About Face on Global Resolutions In previous posts, we highlighted our concerns related to Bank of America’s “repurchase” demands asserted against residential mortgage loan originators. [read post]
29 Oct 2012, 3:28 pm
Now, because Countrywide pulled some shady tricks during the mortgage boom, Bank of America has to settle up for Countrywide’s shenanigans. [read post]
25 Oct 2012, 10:09 am
They started with Countrywide, whose mortgages Bank of America bought in 2008. [read post]
9 Aug 2011, 4:43 pm
Eric Schneiderman has intervened in the settlement between Bank of New York Mellon and Bank of America. [read post]
2 Dec 2010, 6:32 am
Sandy Samuels was Countrywide’s general counsel for 18 years, until Bank of America acquired the huge mortgage services company in 2008. [read post]
21 Apr 2010, 5:30 am
The first issue to decide was whether the citizenship of Countrywide or Bank of America should be considered as, at the time, there was a “pending” merger between Countrywide and Bank of America. [read post]
