Countrywide

Quigley Ready To Break Ranks With Party Over Dodd, Conrad Subpoenas

Huffington Post | Tim Taliaferro | Posted 10.23.2009 | Chicago


Seniority, party loyalty and congressional etiquette don't seem to get in the way of Rep. Mike Quigley (D-Ill.). The freshman lawmaker is ready to br...

Bombing Capitalism

Esther Iverem | Posted 10.12.2009 | Entertainment


Esther Iverem

On a throwback vibe, you could say that Capitalism: A Love Story is the bomb. By exploring the economic system of capitalism as an evil, Moore fires a salvo into the heart of America's social machine.

Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 10.12.2009 | Business


Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...

Wall Street Journal Reporter Conceals Facts About The Real Countrywide Mortgage Scandal

David Fiderer | Posted 10.23.2009 | Media


David Fiderer

Just like the birthers, who refuse to acknowledge Obama's birth certificate, Rep. Darrell Issa and Wall Street Journal reporter Emshwiller refuse to acknowledge the mountain of evidence that the Countrywide VIP "scandal" has been thoroughly discredited.

Countrywide Phone Calls: Lawmakers Want More Information About VIP Program That Lent To Politicians

Wall Street Journal | JOHN R. EMSHWILLER | Posted 09.27.2009 | Politics


The discovery that Countrywide Financial Corp. recorded phone conversations with borrowers in a controversial mortgage program that included public of...

'Capitalism' as Comedy and Tragedy Now Playing in NY and L.A.

Michael Moore | Posted 09.26.2009 | Entertainment


Michael Moore

My new film is going to make some of you angry; but it's going to give most of you a new sense of hope that we are going to turn around the sick and twisted mess made by the last president. Oh, and you're going to have a good laugh too.

Will Michael Moore's Capitalism Be A Game Changer?

Beau Friedlander | Posted 10.03.2009 | Entertainment


Beau Friedlander

Every time I see a new Michael Moore movie, America looks a little different to me. I feel an odd mixture of hopefulness, anger, and spiritual fatigue.

Should Michael Moore Give Up That $10,000 Fact Checker Check To Chris Dodd's Campaign?

Howie Klein | Posted 09.21.2009 | Politics


Howie Klein

All in all, still love Moore, still want everyone to see the movie, but kind of wish he hadn't decided to jump ugly with one of the most progressive Senators in the Senate.

PennyMac: Ex-Countrywide Execs' Firm Making Millions Modifying Bad Loans

ProPublica | Alexandra Andrews | Posted 10.16.2009 | Business


Among the servicers participating in the government's mortgage modification program is a new recruit that's not like the others. PennyMac, a firm foun...

Bankruptcy Judges & DOJ Rip Mortgage Companies

ProPublica | Posted 09.12.2009 | Business


ProPublica

Judges have found that major mortgages servicers regularly mess up basic accounting, improperly credit payments and charge unwarranted fees.

Countrywide VIP Scandal: In the Media, Unlike the Courtroom, Rules of Evidence Don't Apply

David Fiderer | Posted 10.23.2009 | Media


David Fiderer

Why isn't any reporter asking inquiring about Feinberg's contacts with GOP operatives? And why isn't any reporter asking questions about who is paying Feinberg's legal bills?

Darrell Issa, Another Lying Liar in the Countrywide VIP Loan Story

David Fiderer | Posted 10.23.2009 | Politics


David Fiderer

Robert Feinberg is the "whistleblower" who accuses Chris Dodd of receiving "sweetheart deals" on his home mortgage. His statements and stolen company documents represent the only direct evident in Rep. Issa's misleading report.

Congress Considering Banning Some TARP Execs From Public Companies

HuffingtonPost.com | Jeff Muskus | Posted 07.20.2009 | Business


The White House unveiled the outlines of its new ground rules for the financial game Wednesday, but seemed resigned to leave the same failed players o...

Dispatches from the Displaced: Los Angeles Couple Blogs Their Foreclosure

Huffington Post | Margo Irvin | Posted 07.04.2009 | Business


Are you facing foreclosure, or have you already lost your home? Share a story of how the housing crisis has affected you by emailing submissions+forec...

Our Loss is BlackRock's Gain

Robert Scheer | Posted 06.19.2009 | Business


Robert Scheer

How much do you know about the BlackRock hedge fund? Better bone up fast, now that the folks at BlackRock are calling the shots in the government's trillion-dollar bailout program.

AIG Continues Risky Lending Practices

brucekrasting.blogspot.com | Bruce Krasting | Posted 04.23.2009 | Business


On March 16, 2009 United Guaranty revised its standards for providing the first loss insurance that has caused so much pain... Noteworthy is the fact...

A Crime to Make Money

Paul Jenkins | Posted 04.19.2009 | Politics


Paul Jenkins

It seems to have finally dawned on government leaders that bonus recipients are not the only ones who should be afraid.

Countrywide Barred From Mortgage Lending

Crain's Chicago Business | Steve Daniels | Posted 11.16.2008 | Chicago


llinois' top banking regulator is barring Countrywide Home Loans Inc. from making any new mortgages in the state until his agency is convinced the len...

Countrywide Mortgages To Be Modified To Provide Relief

AP | CHRISTOPHER WILLS | Posted 11.06.2008 | Business


SPRINGFIELD, Ill. — Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify ...

Vilified: What You Don't Know About My Brother, Angelo Mozilo

Lori Mozilo | Posted 07.25.2008 | Business


Lori Mozilo

When the mortgage crisis broke, there was as flurry of innuendos and allegations about Angelo and Countrywide. However, reporters are merely recycling misinformation they've gotten from each other.

No Bail-Out, No Bail! The Mortgage Melt-Down as seen from MIAMI

Laura Flanders | Posted 07.22.2008 | Media


Laura Flanders

As the Bush administration unveiled a publicly-financed plan to "save" mortgage giants Freddie Mac and Fannie Mae, local residents at a town hall fo...

Piling on Angelo Mozilo???

Jim Randel | Posted 07.08.2008 | Business


Jim Randel

I worry when we as a society turn over-zealous in looking to personalize and find villains for problems (the housing bust and credit crunch) for which we all have responsibility.

Mortgage Scandal: Dodd Denies Wrongdoing Again

AP | Posted 07.01.2008 | Politics


DANBURY, Conn. — Sen. Christopher Dodd said Monday that the controversy over two loans he received will not compromise his ability to lead Congr...

Bank of America wins approval to buy Countrywide

AP | IEVA M. AUGSTUMS | Posted 06.13.2008 | Business


CHARLOTTE, N.C. — The Federal Reserve on Thursday approved Bank of America Corp.'s purchase of distressed mortgage lender Countrywide Financial ...

Countrywide CEO Mozilo Calls Borrower's Plea For Help "Disgusting"

LA Times | Posted 05.29.2008 | Business


Apparently clicking "reply" when he meant to hit "forward," Countrywide Financial Corp. Chairman Angelo Mozilo ignited an online furor Tuesday by desc...