Search for: "COUNTRYWIDE"
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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]
14 Nov 2011, 5:55 am
Countrywide Home Loans, the plaintiffs alleged wrongful foreclosure, unfair business practices and other wrongdoing by Countrywide and MERS. [read post]
29 Feb 2008, 4:05 am
As a consequence, Countrywide accepted payments from the chapter 13 trustee after the Atchleys paid Countrywide’s claim in full. [read post]
10 Mar 2008, 4:00 am
The federal authorities have opened a criminal inquiry into Countrywide Financial for suspected securities fraud as part of the continuing fallout over the mortgage crisis, according to The New York Times. [read post]
15 May 2008, 5:00 am
Rejecting the arguments of Countrywide executives and directors that they were unaware of lax loan operations that led [...] [read post]
15 Oct 2010, 2:37 pm
The SEC today announced that former Countrywide Financial CEO Angelo Mozilo will pay a record $22.5 million penalty to settle SEC charges that he and two other former Countrywide executives misled investors as the subprime mortgage crisis emerged. [read post]
10 Oct 2008, 3:05 pm
The California Attorney General's landmark settlement with Countrywide was widely reported in the media. [read post]
23 Jun 2009, 11:40 pm
David Sambol was Countrywide's chief operating officer. [read post]
14 Jul 2008, 8:57 pm
A NYT article notes: With $32 billion in assets, IndyMac, a spinoff of the Countrywide Financial Corporation, was the biggest American lender to fail in more than two decades.In the spirit of 1960's bumper stickers --Don't worry, they're still 90 miles away--, the Times article notes:But time may be running out for some small and midsize lenders. [read post]
23 Dec 2014, 11:19 am
When former executive and mortgage lender at Countrywide Financial (Countrywide), Edward O’Donnell, recognized an alleged mortgage fraud scheme, he filed a federal civil lawsuit against Countrywide under the False Claims Act (FCA) on behalf of the Government. [read post]
26 Aug 2009, 1:01 pm
The ruling means that investors in mortgage-backed securities may go forward with their lawsuit against Countrywide. [read post]
9 Jan 2013, 6:47 pm
In doing so, the bank took substantial, if costly, steps to shed itself of the Countrywide albatross. [read post]
6 Oct 2008, 12:39 pm
Countrywide, the nation's largest lender and loan servicer, [...] [read post]
13 Nov 2007, 3:52 am
Countrywide said in a regulatory filing that further reductions in ratings would severely limit its ability to borrow in public debt markets. [read post]
12 May 2010, 7:04 am
Countrywide admits no wrongdoing in the settlement, which would compel payments of $600 million from Countrywide and another $24 million from KPMG LLC, its auditor. [read post]
17 Oct 2008, 7:12 pm
Earlier this month, a lawsuit by the IL Attorney General led to a deal with Countrywide - once Illinois' largest subprime lender - that included loan modifications for struggling homeowners, cash compensation for people unfairly forced out of their homes,... [read post]
18 Feb 2011, 9:39 pm
Mozilo, Countrywide's former chief, without taking any action against him, a person with direct knowledge of the matter said. [read post]
24 Sep 2011, 1:21 pm
The news just keeps getting worse for Bank of America and its purchase of Countrywide in 2008. [read post]
5 Feb 2019, 7:00 am
Lectures or moralizing chats are not what Countrywide gives. [read post]
7 Jun 2010, 10:39 am
Wyatt, Countrywide Pays $108 Million to Settle Fees Complaint, NY Times, Jun. 7, 2010. [read post]
