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Countrywide Financial Corp

Disgraced Lender Used Discounts To Buy Congress, Other Officials: Report

AP | LARRY MARGASAK | Posted 09.04.2012 | Business

WASHINGTON — The former Countrywide Financial Corp., whose subprime loans helped start the nation's foreclosure crisis, made hundreds of discoun...

House GOP Chair Received Discounted Loan

AP | LARRY MARGASAK | Posted 03.18.2012 | Politics

WASHINGTON — The House Republican campaign chairman, Rep. Pete Sessions of Texas, has been notified that he received a discounted mortgage from ...

Investigators: Four Members Of Congress Got VIP Loans From Notorious Subprime Lender

AP | LARRY MARGASAK | Posted 02.18.2012 | Business

WASHINGTON — Four House lawmakers received VIP discounted loans from the former Countrywide Financial Corp., the lender whose subprime mortgages...

Loren Berlin

Western Strike: California, Nevada Team Up To Prosecute Mortgage Fraud

HuffingtonPost.com | Loren Berlin | Posted 12.07.2011 | Business

California and Nevada's attorneys general announced Tuesday in a press conference that they are teaming up to prosecute mortgage fraud in their respec...

BofA Could Soon Have No Market Share To Show For Countrywide Purchase

Posted 12.11.2011 | Business

(Rick Rothacker) - Bank of America is set to lose nearly all the mortgage market share it gained by buying Countrywide Financial Corp in 2008, in ...

Bank Of America Sued Over Countrywide Mortgage Pool

Posted 10.30.2011 | Business

(Jonathan Stempel and Joe Rauch) - Bank of America Corp was sued by the trustee of a $1.75 billion mortgage pool, which seeks to force the bank to...

Millions In Refund Checks Mailed To Countrywide Borrowers

AP | Posted 09.19.2011 | Business

WASHINGTON -- Hundreds of thousands of homeowners who took out mortgages with Countrywide Financial Corp. will soon receive their slice of a $108 mill...

BofA Close To Record Settlement Over Mortgage-Securities

Posted 08.28.2011 | Business

UPDATE: Bank of America Corp settled nearly all of the claims related to the legacy Countrywide-issued first-lien residential mortgage-backed sec...

Countrywide Pays $600 Million To Settle Lawsuits Over Subprime Loans, No Wrongdoing Admitted

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — Former shareholders of fallen mortgage giant Countrywide Financial Corp. are in line to recoup a fraction of their investments now that...

Countrywide CEO Shamed Into Forefeiting $37.5 Million Severance Pay

Wall Street Journal | JAMES R. HAGERTY | Posted 05.25.2011 | Business

Angelo Mozilo, chairman and chief executive officer of Countrywide Financial Corp., is giving up $37.5 million of severance pay, fees and benefits in ...