As Countrywide Financial Corp. shareholders voted Wednesday to ratify the company’s sale, ending an era for the mortgage industry, California sued the No. 1 home lender in a broad condemnation of its ...
A year ago, Countrywide Financial Corp. Chairman and Chief Executive Angelo R. Mozilo was boasting that the looming shakeout in home prices and hike in mortgage interest rates would usher in a period ...
COMMENTARY Bank of America will pay $335 million to settle federal allegations that its Countrywide unit discriminated against minorities in the years leading up to the housing crash. Does the ...
According to a press release issued today, The Federal Trade Commission (FTC) plans to return nearly $108 million to more than 450,000 homeowners who were overcharged by Countrywide, a unit of Bank of ...
The mortgage documentation mess keeps getting stickier. The latest is this: Countrywide Financial, now owned by Bank of America , appears not to have properly transferred necessary mortgage documents ...
The sale of Countrywide Mortgage to Bank of America absorbed another blow this week as three states took legal action against the lender. The attorneys general of California and Illinois and the ...
CountryWide offers debt consolidation loans to people who owe more than $10,000. CountryWide has a simple application process, and the loans are ideal for people with good credit history. The ...
Countrywide Financial overcharged more than 200,000 black and Hispanic borrowers for their mortgages. The reason? The insatiable hunt for profit. Reuters Economic racism is a slippery thing in 2011.
Shares of Countrywide Financial Corp. slipped more than 2 percent Friday after the nation’s largest mortgage lender said in a regulatory filing that “unprecedented disruptions” in debt markets could ...
ON June 27, 2006, Countrywide Financial, the nation’s largest mortgage lender, was about to close its books on a record-breaking six-month run. The housing market was on fire and Countrywide’s ...