Search for: "Countrywide Bank/Bank of America"
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11 Jan 2008, 4:57 am
Bank of America announced Friday that it would buy Countrywide Financial, the troubled lender, for $4 billion in stock, confirming reports that circulated the night before. [read post]
12 Jun 2016, 9:11 pm
The Department of Justice cuts a settlement deal with Bank of America under which the bank agrees to give millions to liberal groups [Sean Higgins/Washington Examiner, Federalist Society blog rounding up criticisms] Seizures under bank structuring law have hit small business owners who deposited cash in under-$10,000 amounts because their insurance policies wouldn’t cover cash-on-hand holdings above that amount [Ali Meyer/Free Beacon, earlier and… [read post]
11 Aug 2008, 3:19 pm
The State of Connecticut has brought suit against Bank of America's newly acquired Countrywide Financial Corp. alleging that Countrywide made loans that were unaffordable or unsuitable to the borrower in violation of the state's unfair trade practices and banking laws.... [read post]
30 Mar 2008, 10:52 am
The Federal Reserve has announced public hearings in Chicago and Los Angeles on Bank of America's acquisition of Countrywide. [read post]
25 Mar 2010, 10:36 am
The Tennessean is reporting today that Bank of America is pledging to help certain struggling homeowners avoid foreclosure. [read post]
6 Apr 2010, 5:09 pm
Bank of America is not simply forgiving a certain amount of principal. [read post]
5 Feb 2010, 8:34 am
Former Bank of America CEO Ken Lewis is in a category all by himself. [read post]
3 Jun 2013, 10:35 am
On May 29, Justice Eileen Bransten in the Supreme Court of the State of New York partially granted a motion to dismiss in a case by U.S Bank against Bank of America and Countrywide seeking the repurchase of 4,484 mortgages securitized in a $1.75 billion RMBS trust. [read post]
6 Oct 2008, 2:22 am
[JURIST] Officials for Bank of America [corporate website] announced Monday that they have agreed to an $8.4 billion settlement [press release] in response to allegations by 11 state attorneys general that subsidiary Countrywide Financial [corporate website] engaged in deceptive business practices that harmed consumers. [read post]
30 Jul 2012, 8:17 am
On July 23, Judge Barbara Kapnick of the Supreme Court of the State of New York approved the withdrawal of Walnut Place LLP’s opposition to Bank of America’s $8.5 billion settlement with holders of Countrywide RMBS. [read post]
12 May 2010, 7:04 am
Based in Calabasas, Countrywide was a leading writer of subprime and exotic mortgages until the housing crash, when it nearly collapsed before Bank of America bought it. [read post]
15 Sep 2008, 3:06 pm
The bank has previously acquired Countrywide Financial Corporation, MBNA Corp., Fleet First Boston, and US Trust Corp., among others. [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]
22 Apr 2009, 5:01 pm
Bank of America has changed its rules on short sales in an attempt to avoid financial losses on foreclosed homes. [read post]
1 Jul 2009, 3:07 pm
As Corona loan modification lawyers, we are particularly interested in this issue because Bank of America now owns Countrywide Financial. [read post]
15 May 2012, 9:31 am
It's important to note that not everyone who had a Countrywide or Bank of America mortgage is going to qualify. [read post]
6 May 2013, 6:54 am
Bank of America will pay $500 million to settle lawsuits by investors nationwide, including the Oregon Public Employees Retirement Fund, against Countrywide Financial Corp. [read post]
25 Mar 2011, 6:29 pm
The Washington Post report indicates that the data appear to contain internal emails from Balboa Insurance, which was acquired by Bank of America in 2008 when it purchased Countrywide Financial. [read post]
16 Apr 2013, 9:01 am
FDIC, as the receiver for Colonial Bank, filed suit against Countrywide and Bank of America as its successor for violations of the 1933 Securities Act. [read post]
