Search for: "Countrywide Bank"
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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]
14 Jan 2008, 4:36 am
Lewis's bets match the one he placed on Friday, when Bank of America announced it was buying Countrywide Financial, the mortgage giant brought to its knees by the weakening housing market and its own [...] [read post]
22 Feb 2008, 2:30 pm
Countrywide is selling itself at fire-sale prices to Bank of America. [read post]
13 Nov 2007, 3:52 am
Countrywide Financial, the mortgage lender, said Monday that its ability to raise money and increase deposits in its banking subsidiary could be hampered if its credit ratings were reduced below investment grade. [read post]
25 Sep 2011, 8:03 am
Eventually, Countrywide (now Bank of America) HR began investigating her, not the employees she had reported. [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]
22 Jan 2008, 7:56 am
Last week Countrywide Financial filed its merger agreement with Bank of America. [read post]
1 Jul 2008, 2:10 pm
It’s official: Bank of America has acquired Countrywide Financial, marking the completion of an audacious rescue of one of the most troubled lenders in the United States. [read post]
12 Aug 2009, 1:36 pm
As many Credit Slips readers may be aware, Countrywide Home Loans (which is now part of Bank of America) has been the subject of proceedings in several bankruptcy courts because of the shoddy recordkeeping behind their claims in bankruptcy cases. [read post]
21 Feb 2008, 10:57 pm
Meanwhile, Bank of America faces its own lawsuits related to the subprime meltdown, and individual shareholders filed at least three class action suits against the bank in January challenging the purchase of Countrywide. [read post]
22 Jul 2011, 7:08 pm
Bank of America acquired Countrywide in 2008. [read post]
18 May 2009, 4:41 am
A hedge fund is claiming that Bank of America chief Kenneth D. [read post]
14 Nov 2011, 5:55 am
As Moreno Valley foreclosure defense lawyers, we've seen many, many cases against Countrywide, the now-disgraced home loan company that was later purchased by Bank of America. [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 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]
10 Jun 2010, 8:07 pm
In an effort to address the federal charges, Bank of America agreed to pay $108 million to settle the various federal charges brought against Countrywide. [read post]
12 Jan 2008, 11:00 am
Interesting article on Fortune: BofA's Awesome Countrywide Tax Break, by Allan Sloan: Guess who's helping Bank of America pay for its $4.1 billion purchase of Countrywide Financial? [read post]
31 May 2016, 1:54 pm
On May 23, 2016, a three-judge panel of the Second Circuit Court of Appeals overturned a judgment of fraud against Bank of America, Countrywide, and former Countrywide executive Rebecca Mairone in U.S. v Countrywide Home Loans, Inc. [read post]
27 Jul 2009, 7:17 pm
Members of Congress get preferential loans and yet they still apparently have no ability to stop Countrywide, now Bank of America, from its foreclosure boom. [read post]
12 Dec 2010, 11:34 pm
Since taking over as chief executive, Brian Moynihan has stabilized Bank of America, but he is still grappling with his predecessors' acquisitions, like that of Countrywide. [read post]
