Countrywide

Piling on Angelo Mozilo???

James Randel | Posted 06.30.2008 | Business

Read More: Housing Crisis., Federal Reserve, Foreclosure, Angelo Mozilo, Countrywide, Lawsuits, Housing Crisis, Business News
James 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.

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Mortgage Scandal: Dodd Denies Wrongdoing Again

AP | Posted 06.23.2008 | Politics

Read More: Subprime Crisis, Subprime Mortgage Meltdown, Dodd Mortgage, Countrywide, Subprime Meltdown, Dodd Countrywide, Dodd, Chris Dodd, Dodd Mortage, Mortgage Crisis, Politics News

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

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Bank of America wins approval to buy Countrywide

AP | IEVA M. AUGSTUMS | Posted 06.05.2008 | Business

Read More: Bank of America, Countrywide, Bank of America and Countrywide, Countrywide Sale, Business News

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

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

LA Times | Posted 05.21.2008 | Business

Read More: Daniel Bailey Jr, Angelo Mozilo, Country CEO Email, Countrywide, Countrywide Financial, Business News

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

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Judge: Countrywide Officers To Face Suit By Shareholders

AP | ALEX VEIGA | Posted 05.15.2008 | Business

Read More: Countrywide, Countrywide Financial, Countrywide Lawsuit, Business News

LOS ANGELES — A federal judge has ruled that a shareholder lawsuit against Countrywide Financial Corp. executives and directors should go to tri...

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Countrywide Admits To Making Errors

AP | CHRISTOPHER S. RUGABER | Posted 05.07.2008 | Business

Read More: Countrywide, Steve Bailey, Countrywide Financial, Business News

WASHINGTON — Mortgage lender Countrywide Financial Corp., which is under investigation for inflating certain borrowers' fees, acknowledged Tuesd...

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Countrywide CEO Earned $132 Million In 2007

AP | Posted 04.25.2008 | Business

Read More: Countrywide, Angelo Mozilo, Angelo Mozilo Pay, Countrywide Financial, Business News

CALABASAS, Calif. — A securities filing shows Countrywide Financial Corp. CEO Angelo Mozilo earned about $10.8 million in total compensation and...

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The Soros Solution

Fortune's Stanley Bing | Posted 04.24.2008 | Business

Read More: Bernanke, Fannie Mae, Freddie Mac, Countrywide, George Soros, Business News
<i>Fortune</i>'s Stanley Bing

I'm a big fan of bailouts. Some believe that the markets should go through the pain of what they have wrought on themselves in order to come out the other side cleaner, stronger, faster. Not me.

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Bear Stearns CEO Blames Media For Company's Collapse

Muckraked! | Posted 04.04.2008 | Business

Read More: Blame Game, Bear Stearns, Angelo Mozilo, Countrywide, Alan Schwartz, Blame the Media, Business News

From Muckraked! When it comes to assigning blame for his firm's collapse, Alan Schwartz, the president and CEO of Bear Stearns, borrows a page from C...

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Countrywide Reportedly Under FBI Investigation

CNN | Posted 03.08.2008 | Business

Read More: Countrywide Financial Lending, FBI and Countrywide, Angelo Mozilo, Countrywide, Countrywide Investigation, Countrywide Financial, Business News

The FBI has launched an investigation into the lending practices of battered home lender Countrywide Financial Corp., according to a report in The Wal...

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Countrywide to Aid More Borrowers

AP | ALEX VEIGA | Posted 02.11.2008 | Business

Read More: Countrywide, Countrywide Financial, Subprime Loans, Subprime Mortgages, Subprime Mortgage Crisis, Business News

LOS ANGELES — Countrywide Financial Corp., under pressure to help stem growing home loan defaults, says it will expand programs to help borrower...

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Countrywide Posts $422 Million Loss

AP | ALEX VEIGA | Posted 01.29.2008 | Business

Read More: Countrywide, Countrywide Financial, Quarterly Earnings, Quarterly Losses, Business News

LOS ANGELES — The $422 million loss Countrywide Financial Corp. reported Tuesday didn't appear to scare off Bank of America. "At this point, ev...

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Is CEO Greed Waning? Just A Little--And Not Out of Choice

Jonathan Tasini | Posted 01.28.2008 | Business

Read More: Gretchen Morgenson, Class Warfare, Robert Miller, Countrywide, Angelo Mozilo, Uaw, Corporate Greed, Delphi, Business News
Jonathan Tasini

One of the things that has clearly outraged Americans everywhere is the disgusting spectacle of CEOs legally looting their companies with pay and pe...

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Bank Of America In Talks To Buy Countrywide

Reuters | John Poirier and Jonathan Stempel | Posted 01.10.2008 | Business

Read More: Countrywide Financial Lending, Bank of America, Countrywide, Countrywide Financial, Business News

Bank of America Corp (BAC.N: Quote, Profile, Research) is in advanced talks to buy struggling Countrywide Financial Corp (CFC.N: Quote, Profile, Rese...

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Stocks Rise On Potential Countrywide Buy

AP | Madlen Read | Posted 01.10.2008 | Business

Read More: Bank of America, Dow Jones, Countrywide, Wall Street, Countrywide Sale, Countrywide Financial, Business News

A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is ...

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Ten Smartest CEO Moves Of 2007

Portfolio | Liz Gunnison | Posted 12.27.2007 | Business

Read More: Blackstone, Pete Peterson, Lloyd Blankfein, Rex Tillerson, Jack Weil, Nintendo, Exxon Mobil, Michael Dell, Angelo Mozilo, Steve Schwarzman, Rockmount Ranch Wear, Richard Grasso, Dell Computers, Chrysler, Goldman Sachs, Satoru Iwata, Apple, Countrywide, Robert Nardelli, Nyse, Steve Jobs, Business News

The bottom has dropped out of the banking business, brokerages are floundering, home foreclosures are soaring, and the threat of recession looms. What...

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Top 10 Worst Business Deals

Time | Bill Saporito | Posted 12.12.2007 | Business

Read More: Harman, Microsoft, Och-Ziff Capital Management, Everquest Financial IPO, John Snow, Abu Dhabi, Fortress Investment Group, Facebook, Cerberus, Blackstone Group, Goldman Sachs, DaimlerChrysler, Countrywide, Citibank, J.C. Flowers, Countrywide Financial, Mark Zuckerberg, Sallie Mae, Bear Stearns, United Rentals, KKR, Business News

#1. The Public Invests in Blackstone Group It was only a matter of time before the private equity firms let the public in on the game -- for an infla...

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Six Stocks That Could Go To Zero

24/7 Wall Street | Douglas A. McIntyre | Posted 11.27.2007 | Business

Read More: Charter Communications, Journal Register, Countrywide, E*Trade, JRC, Business News

In the current credit environment, there are several fairly big companies that could get in enough trouble that it would wipe out the common sharehold...

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Countrywide Financial Reports $1.2 Billion Loss

Washington Post | Dina ElBoghdady | Posted 10.26.2007 | Business

Read More: Subprime Mortgages, Countrywide, Subprime Mortgage Crisis, Business News

Countrywide Financial, the nation's largest mortgage lender, reported yesterday that it lost $1.2 billion in the third quarter, but its stock price ju...

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Countrywide Latest To Post Q3 Writedowns, Remains Bullish On Q4

AP | Alex Veiga | Posted 10.26.2007 | Business

Read More: 3Q Profits, Subprime Mortgages, Countrywide, Subprime Mortgage Crisis, Business News

Countrywide Financial Corp., the nation's largest mortgage lender, said Friday it swung to a loss of more than $1 billion in the third quarter as mort...

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Countrywide Offers "Unprecedented Remedies" To Struggling Mortgage Holders

Seeking Alpha | Roy Mehta | Posted 10.23.2007 | Business

Read More: Adjustable-Rate Mortgages, Subprime Mortgages, Countrywide, Business News

Countrywide Financial announced Tuesday it will begin contacting about 82,000 borrowers to offer refinancing or modifications for a total of $16 billi...

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Lay-offs Are Moving To Healthy Sectors In The Economy

24/7 Wall Street | Douglas A. McIntyre | Posted 10.17.2007 | Business

Read More: Lay-Offs, Mortgage Bankers, Countrywide, Business News

Workers in industries that are not doing well usually get laid off. But, it is not a good omen when workers in robust sectors of the economy are losin...

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