Search for: "Countrywide Bank"
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14 Jul 2008, 8:57 pm
IndyMac will eat up $4 billion to $8 billion of that fund, the agency estimates, and that could force it to raise more money from the banks that it insures.The agency does not disclose which banks it thinks are troubled. [read post]
21 Dec 2011, 1:37 pm
Dan Frahm, a Bank of America spokesman, said in a statement that Countrywide's practices occurred before Bank of America purchased the company. [read post]
30 Jan 2008, 4:06 am
Countrywide Financial, the mortgage lender and loan servicer, reported a fourth-quarter loss of $422 million Tuesday, but the results were not expected to hinder its proposed $4.1 billion takeover by the Bank of America. [read post]
24 Sep 2011, 8:30 am
Foster was terminated by Countrywide's new owner, Bank of America, for "unprofessional conduct. [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 Feb 2009, 2:58 pm
Bank of America's chief executive, Kenneth D. [read post]
8 Oct 2008, 12:50 pm
Bank of America had acquired the Countrywide loan portfolio and, thereby, also acquired the task of defending the suites brought by various Attorneys General against Countrywide. [read post]
4 Jan 2011, 6:15 am
Bank of America is responsible for these fines because it acquired Countrywide Home Loans. [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]
23 Dec 2014, 11:19 am
The $16.65 billion settlement may also have settled other allegations against Countrywide or Bank of America that were unrelated to Mr. [read post]
28 Sep 2011, 12:33 pm
He was terminated soon after the bank acquired Countrywide in 2008. [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]
7 Mar 2014, 5:30 pm
Bank of America bought Countrywide Financial Corp. in July 2008, just before the financial crisis. [read post]
7 Jan 2013, 5:30 pm
Bank of America bought Countrywide Financial Corp. in July 2008, just before the financial crisis. [read post]
13 Feb 2012, 4:49 pm
Bank of America's fraudulent lending practices centered on a scheme in which Bank of America, through Countrywide (which Bank of America acquired in 2008), knowingly made loans insured by the Federal Housing Administration (FHA) to unqualified home buyers. [read post]
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]
24 May 2016, 12:38 pm
Countrywide was not the... [read post]
24 Apr 2011, 11:48 am
[JURIST] A judge for the US District Court for the Central District of California [official website] on Friday dismissed [order, PDF] Bank of America (BOA) [corporate website] from a $17 billion lawsuit involving securities based on mortgages issued by Countrywide Financial Corporation [NYT backgrounder], a former subsidiary of the bank. [read post]
19 Jul 2012, 8:15 am
[JURIST] Bank of America (BOA) agreed Tuesday to pay $375 million in a settlement with bond insurer Syncora Guarantee [corporate websites; press release] over claims that Syncora was misled into insuring toxic mortgage-backed securities of BOA-owned Countrywide Financial Corporation [NYT backgrounder]. [read post]
7 Jun 2010, 10:45 am
[JURIST] Bank of America (BOA) [official website] subsidiary Countrywide Home Loans, Inc. on Monday reached a $108 million settlement agreement [text, PDF] with the Federal Trade Commission (FTC) [official website] to resolve charges that the subsidiary collected excessive fees from homeowners facing foreclosure. [read post]
