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 ...
NEW YORK (Reuters) - Now that Countrywide Financial Corp is best known for lending excesses that led to widespread mortgage defaults and home foreclosures, it's easy to forget the company used to ...
NEW YORK, May 7 (Reuters) - Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp , has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors ...
Scorned borrowers await word on if they'll get cash from $108M govt. settlement. June 8, 2010 — -- Rochelle Gear thought falling behind on her adjustable-rate mortgage was bad enough. But it got ...
Bank of America’s purchase four years ago of Countrywide Financial Corp. has proven to be a costly one. After purchasing Countrywide for $2.5 billion, Bank of America has already faced more than $40 ...
A fast-growing lending company with widely distributed IT shops abstracts applications as services, links them via messaging bus, and gains new business agility. For half a decade, Countrywide ...
Countrywide Financial Corp. — the nation's largest mortgage lender — has tapped into an $11.5 billion line of credit issued by a group of banks to bolster its liquidity. Like the entire mortgage ...
People enter the Bank of America corporate headquarters in Charlotte, N.C., on Friday. Bank of America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock. CHARLOTTE, ...
Trying to cut ahead of other creditors, Countrywide Financial Corp. has asked a bankruptcy court for immediate access to loans underwritten by Tucson-based First Magnus Financial Corp. with money ...
The mortgage company Countrywide Financial used a VIP program to give preferential treatment to members of Congress, Capitol Hill staffers and senior government officials, according to a report ...