Search for: "COUNTRYWIDE FINANCIAL"
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12 Jun 2016, 6:43 am
On May 23, 2016, the United States Court of Appeals for the Second Circuit reversed a jury’s finding of liability and the district court’s imposition of a $1.27 billion civil penalty on Countrywide and related defendants (collectively, “Countrywide”) under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) for mail or wire fraud affecting a federally insured financial institution. [1] The Second… [read post]
6 Oct 2008, 6:09 am
Bank of America has agreed to settle a deceptive mortgage practices lawsuit on behalf of its relatively new subsidiary, Countrywide Financial, the notoriously aggressive mortgage lender. [read post]
25 Apr 2008, 4:48 am
Countrywide Financial's chief executive, Angelo R. [read post]
26 Jan 2007, 1:57 pm
Bank of America and Countrywide Financial have held discussions about an “alliance” that could eventually lead to an acquisition of Countrywide by Bank of America, The Financial Times reported Friday afternoon, citing unnamed sources. [read post]
4 Dec 2008, 12:56 am
At least not today… Complaint courtesy Courthousenews Posted in Company News, Lawsuits Tagged: Bank of America, Countrywide Financial, Financial meltdown, Linkedin, mortgages [read post]
16 Sep 2010, 11:27 pm
Angelo Mozilo, the former chief executive of Countrywide Financial, lost a bid to have a government lawsuit on claims he misled investors about risks tied to subprime lending thrown out of court. [read post]
17 Oct 2010, 11:50 pm
Mozilo, Countrywide Financial's chief executive, was publicly buoyant about its ability to ride out the mortgage crisis. [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]
26 Jun 2008, 11:12 am
California joined Illinois on Wednesday in suing Countrywide Financial, claiming the company had practiced deceptive mortgage lending. [read post]
25 Jun 2008, 11:16 am
Countrywide Financial shareholders vote on Wednesday to approve the largest U.S. mortgage lender’s purchase by Bank of America, marking the demise of the company perhaps most closely associated with the nation’s housing bubble and subsequent collapse. [read post]
26 Jun 2008, 12:59 pm
California Attorney General Jerry Brown joined the long line of litigants suing Countrywide Financial and its executives over the bank's subprime lending and mortgage selling practices. [read post]
11 Jan 2008, 8:28 am
With all the speculation this week about a potential bankruptcy filing for Countrywide Financial, it would have taken a brave soul to buy call options on Countrywide’s stock. [read post]
18 Jun 2010, 7:31 am
Our Upland predatory lending attorneys have written several times in this space about the legal actions against Countrywide Financial Corp., and after its buyout of Countrywide, Bank of America. [read post]
29 Oct 2007, 5:36 pm
The figures tell the story: COUNTRYWIDE FINANCIAL CORPORATION [...] [read post]
20 Mar 2009, 7:53 am
Countrywide Financial was one of the biggest producers of risky mortgages. [read post]
14 Oct 2010, 10:42 pm
Talks over settling at least part of the securities fraud lawsuit filed by the Securities and Exchange Commission against three former executives of the Countrywide Financial Corporation have intensified, two people involved with the case said Thursday. [read post]
6 Oct 2008, 12:39 pm
Countrywide Financial has agreed to the largest program ever to modify home loans, as part of a settlement with officials in 11 states, just days after the federal government adopted a giant financial rescue package without any relief for distressed homeowners, The New York Times’s Gretchen Morgenson reports. [read post]
22 Jul 2021, 8:00 am
Countrywide will explain all the financial wellness benefit options to the future client and answer all questions. [read post]
8 Jun 2010, 1:35 pm
With its vast array of subprime loan offerings during the real estate boom, Countrywide Financial came to symbolize just how risky the mortgage business got during those heady times. [read post]
17 Sep 2008, 5:10 pm
Apparently, the company notified some 19,000 mortgage customers that their personal financial data has been compromised. [read post]
