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Countrywide Financial News

News on Countrywide Financial continually updated from thousands of sources around the net.

11 hrs ago | New York City's Hometown Newspaper - ...

L.I. ring busted in 100M real estate con

A Long Island A ring scammed banks out of $100 million through a complex series of bogus property sales, Manhattan prosecutors charged Wednesday.

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Related Topix: Financial Services, Mortgage, Home

Wed Jul 08, 2009

South Dakota Office of the Attorney G...

South Dakota Enters Settlement Agreement with Countrywide Financial Corporation

As part of the agreement, Countrywide will make $161,805 available to eligible South Dakota borrowers.

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Related Topix: South Dakota, Financial Services, Marketing, Home, Mortgage, Personal Finance, Foreclosures

Mon Jul 06, 2009

Blogging Stocks

First he sold toxic loans. Now he tries to get rich selling the foreclosures

Posted Jul 1st 2009 2:20PM by Zac Bissonnette Filed under: Bank of America In case you needed another reason to hate Countrywide Financial , here's a good one: Former executive managing director Andrew "Drew" Gissinger III has started a new firm in San Diego, the boom gone bust city where he once played in the National Football League.

Comment?

Related Topix: Foreclosures, Banking, Bank of America, Financial Services

Sat Jul 04, 2009

Los Angeles Times

Countrywide fraud case hinges on disclosures to investors

With a trail of damaging e-mails and big-money stock sales, the federal government's fraud case against Angelo Mozilo and two other former Countrywide Financial Corp.

Comment?

Related Topix: Financial Services, Home, Mortgage, Personal Finance, Securities and Exchange Commission, Corporate / Securities Law, Law, Criminal Defense Law

Fri Jul 03, 2009

Seeking Alpha

Financial Reform: An Obama Growth Industry

One contributing factor in the financial meltdown has been a patchwork regulatory system with wide gaps exploited by companies like AIG , Countrywide Financial, and many of Wall Street's biggest firms.

Comment?

Related Topix: Financial Services, Healthcare Law, Law

Wed Jul 01, 2009

International Business Times

Daily outlook for July 1 - finance

Bank of America completes Countrywide Financial purchase Bank of America Corporation will today complete its purchase of Countrywide Financial Corp.

Comment?

Related Topix: Bank of America, Financial Services, Banking

Tue Jun 30, 2009

WTVR Richmond

Help on the Way

Virginia families facing foreclosure will now be eligible for debt counseling. It's being paid for, in part, by a legal settlement with Countrywide Financial.

Comment?

Related Topix: Virginia, Foreclosures, Virginia Government, Financial Services, Home, Mortgage

Mon Jun 29, 2009

NBC12

Countrywide deal funds to aid debt counseling

Virginia families facing home foreclosure will be eligible for debt counseling funded in part by a legal settlement with Countrywide Financial Corp.

Comment?

Related Topix: Foreclosures, Financial Services

Sun Jun 28, 2009

JD Journal

BuckleySandler Adds More Lawyers

BuckleySandler , founded in March when two Skadden partners left the firm's Washington DC office, has grown to 55 lawyers with the addition of two lawyers.

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Related Topix: Fordham University, Financial Services

Fri Jun 26, 2009

Los Angeles Business Journal Online -...

Lawmakers Tussle Over Mozilo Probe

Lawmakers on a congressional oversight panel are struggling with whether to ramp up a probe into a controversial home-loan program at Countrywide Financial Corp.

Comment?

Related Topix: Financial Services, US Politics, US News, Republican, US House of Representatives, Darrell Issa, Edolphus Towns, Democrat

Thu Jun 25, 2009

The Big Picture

Angeloa s Ashes

In the June 29, 2009 issue of The New Yorker, Connie Bruck slashes and burns her way behind-the-scenes at Countrywide Financial.

Comment?

Related Topix: Financial Services, Home, Mortgage, Personal Finance

Tue Jun 23, 2009

Free Republic

Outrageous: Worst of America

The Boom-Time Bums These operators capitalized on regulatory gaps and used financial gimmicks to engineer quick profits and inflate share prices.

Comment?

Related Topix: Financial Services, Home, Mortgage, Personal Finance

Mon Jun 22, 2009

Free Republic

Chris Dodd'S Other Problem

Sen. Chris Dodd, the dubious Democrat from the Nutmeg State, told a recent interviewer that it was "offensive" that the media would suggest that his wife, Jackie Clegg Dodd, has potential conflicts of interest because she sits on the boards of four pharmaceutical firms.

Comment?

Related Topix: US Politics, US News, Christopher Dodd, US House of Representatives, Barney Frank, Democrat, Home, Mortgage, Personal Finance, Financial Services

Sun Jun 21, 2009

StarTribune

Can a homeowner fight back?

Columbia Heights man, facing foreclosure, helps the attorney general in a suit against mortgage company.

Comment?

Related Topix: Columbia Heights, MN, Foreclosures, Home, Mortgage, Personal Finance, Financial Services, Hennepin County, MN

Sat Jun 20, 2009

The Hartford Courant

Loans Probe, Value Of Cottage Bedevil Dodd

'When sorrows come, they come not single spies, but in battalions," declares Hamlet's King Claudius as troubles mount in Denmark.

37 comments

Related Topix: US News, US Senate, Democrat, US Politics, Christopher Dodd, Home, Mortgage, Personal Finance, Financial Services, Opinion

Fri Jun 19, 2009

Bloomberg.com

Hedge Fund Instant IPO Tests the New Complacency: Jonathan Weil

The near-collapse of the financial system was supposed to have reminded the world about the hazards of chasing short-term gains at the expense of long-term stability.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Pop/Rock, Trust, Financial Services, Corporate / Securities Law, Law, Securities and Exchange Commission, Investment Services, BlackRock

Thu Jun 18, 2009

Detroit Free Press

Warren uses grant to trim too-tall grass

Your browser's security settings are preventing some features from appearing. See instructions for fixing the problem.

Comment?

Related Topix: Warren, MI, Detroit, MI, Detroit Metro, Financial Services, Foreclosures

Wed Jun 17, 2009

Reuters

Republican demands BofA-Countrywide loan emails

Bank of America has a Wednesday deadline to disclose any special mortgage terms the bank's Countrywide Financial unit gave to politically influential customers over an eight-year period, a senior Republican said on Tuesday.

Comment?

Related Topix: US Politics, Banking, US News, Bank of America, Financial Services, Republican, US House of Representatives, Darrell Issa, Home, Mortgage

Tue Jun 16, 2009

The Hartford Courant

GOP Could Get Dodd Mortgage Documents

Documents associated with U.S. Senator Christopher Dodd 's much discussed "VIP" loans with defunct mortgage giant Countrywide Financial could become generally available - if a ranking Republican in the U.S. House of Representatives has his way.

130 comments

Related Topix: Home, Mortgage, US Politics, US News, Christopher Dodd, Republican, US House of Representatives, Darrell Issa, Financial Services, Kent Conrad, US Senate, Democrat

Wall Street & Technology RSS

Countrywide Exec Warned on Loans at Fed '06 Meeting

The chief risk officer of Countrywide Financial Corp, the poster-child company for the loose U.S. home loans that staggered the world economy, was warning against them even when it put him at odds with his own company -- and with Fed chairman Ben Bernanke.

Comment?

Related Topix: Financial Services, Ben Bernanke, Banking, Home, Mortgage, Personal Finance

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