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 ...

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 ...

More than a year after the Federal Trade Commission entered into a record $108 million fine against Countrywide Financial Corp. for scamming borrowers out of millions through the imposition of bogus ...

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 ...

More than a decade has passed since the financial crisis that caused the United States economy to crumble. One of its victims, the housing market, is still struggling to get stronger. "I'd say that ...

Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride ...

Angelo Mozilo became a symbol for all that went wrong with the home market. June 4, 2009— -- The Securities & Exchange Commission announced today it will charge former Countrywide CEO Angelo ...

— -- The acquisition of Countrywide, now a symbol of the excess in the mortgage market that fueled the real estate bubble, catapults Bank of America from the No. 5 mortgage lender to No. 1. With ...

If it seems ever harder to keep track of the companies that have either stopped subprime lending or alt-a lending or all mortgage lending or have gone out of business altogether, well, that's because ...

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 ...

Regarding your editorial “The Bank Fraud That Wasn’t” (May 25): I am counsel to Angelo Mozilo. We appreciate the broad perspective provided by your editorial and the more balanced view of the context ...