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Countrywide Financial News

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

9 hrs ago | San Diego Union-Tribune

Aguirre sets sights on Countrywide

San Diego City Attorney Mike Aguirre is taking on the lending industry, filing suit Wednesday against Countrywide Financial, which he accuses of engaging in unlawful and fraudulent predatory lending that ...

Comment?

Related Topix: Financial Services, Calabasas, CA, San Diego Metro, San Diego, CA, Foreclosures

Yesterday | The Volokh Conspiracy

Fannie Mae's Thugs.--

Some people thought that I was too hard on the former managers of Fannie Mae, whose greed and misconduct in their Enron-style accounting scandal of 2003-4 helped to destroy the soundness of a huge ...

Comment?

Related Topix: Financial Services, Fannie Mae, Home, Mortgage, Personal Finance, US News, US Senate, Democrat, US Politics, Kent Conrad

Tue Jul 22, 2008

PR-inside.com

Aculis it Accelerator Names John Stockham VP of Sales

"In our search for a VP of Sales, we were looking for someone with deep solutions-based selling experience who could accelerate the growth of our custom software development services.

Comment?

Related Topix: Financial Services, Sales

Mon Jul 21, 2008

Institutional Investor

BoA Faces High Bar Post Countrywide Buy

Bank of America Corp., the biggest U.S. home lender after buying Countrywide Financial Corp., reports earnings next week amid concern the acquisition has added to losses on credit-card and home-equity loans, ...

Comment?

Related Topix: North Carolina, Carolina (University of Puerto Rico System), University of Puerto Rico System, Banking, JP Morgan Chase , Financial Services, Citigroup

Sun Jul 20, 2008

New York Post

Angelo's Ashes Burned Us

On July 24, 2007, then-Countrywide Financial CEO Angelo Mozilo jumped onto a conference call announcing the second-quarter results of his company, the largest mortgage provider in the US with a 15 percent ...

Comment?

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

Hartford Courant

Kevin Rennie: Dodd Still Dodging On Loans

I took the Dodd challenge, and the senator won't like the result. Several days after news broke last month that Sen.

Comment?

Related Topix: Financial Services, US News, US Senate, Democrat, US Politics, Christopher Dodd, Barack Obama, Rosa DeLauro, US House of Representatives, Home, Mortgage, Personal Finance, Opinion

Sat Jul 19, 2008

Los Angeles Times

Mozilo's sister: How about investigating Sen. Schumer?

Look who else is taking a whack at Sen. Chuck Schumer for his June outing of IndyMac Bank as likely to fail: It's Lori Mozilo , sister of Countrywide Financial Corp.

Comment?

Related Topix: Financial Services, US Politics, Charles Schumer, US News, US Senate, Democrat, US House of Representatives, Henry Waxman

Fri Jul 18, 2008

Anarkismo Newswire

Another Successful Eviction Blockade for Boston's Working Class Housing Movement

On the July 15th eviction blockade led by Paula Taylor and the City Life/ Vida Urbana Bank Tenants Union July 15, 2008 Today, Paula Taylor of the Roxbury neighborhood of Boston, her family, friends, the City ...

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Related Topix: Financial Services

Thu Jul 17, 2008

International Herald Tribune

California officials expand Countrywide lawsuit

LOS ANGELES : California officials have expanded a lawsuit against Countrywide Financial Corp., adding allegations that the mortgage lender rewarded staff for selling risky loans.

Comment?

Related Topix: Financial Services, Home, Mortgage

Wed Jul 16, 2008

Triangle Business Journal

Countrywide Financial Corp.

Bank of America moved Countrywide Financial Corp. 's debt to an indirect unit owned by the banking giant, leaving it still unclear whether BofA will back Countrywide's huge debts.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Corporate / Securities Law, Law, Securities and Exchange Commission, Home, Mortgage

Tue Jul 15, 2008

Inman Real Estate News

The bad business of 'Friends of Angelo'

By Marcie Geffner , Tuesday, July 15, 2008. Quick quiz: Which mortgage company chieftain took home $140 million in compensation last year while the company he founded lost $704 million? If you said Angelo R. ...

Comment?

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

Mon Jul 14, 2008

East Bay Business Times

Countrywide Financial Corp.

IndyMac Bancorp was shut down by federal regulators late Friday and opened for business Monday as IndyMac Federal Bank .

Comment?

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

Sun Jul 13, 2008

HendersonvilleNews.com

The Silence of the Lenders

Dan A. Bailey Jr. at his Wilmington, N.C., home. His struggle with Countrywide ended up on the Internet, an embarrassing episode for the lender.

Comment?

Related Topix: Financial Services, Wilmington Metro, Wilmington, NC, Home, Mortgage, Personal Finance, Foreclosures

Sat Jul 12, 2008

The Independent

Lenders, lawyers and losers

Having studied America's mortgage meltdown and the parties who struck the match, it's hard to resist cheering the reckoning for Countrywide Financial Corp.

Comment?

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

San Jose Business Journal

BofA shuffles Countrywide debt, leaves debt status unclear

Bank of America Corp. has moved Countrywide Financial Corp. 's debt to an indirect unit owned by the banking giant, leaving it unclear whether BofA will back Countrywide's huge debts.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Corporate / Securities Law, Law, Securities and Exchange Commission, Home, Mortgage

Fri Jul 11, 2008

Boston Globe

Regulators seize IndyMac after run by depositors

IndyMac customers will have access to their funds via ATMs. IndyMac Bancorp Inc.

Comment?

Related Topix: Financial Services, California, California Government

The Post Chronicle

BofA may assume all Countrywide debt: CreditSights

Bank of America Corp is primed to assume all debt of the former Countrywide Financial Corp, independent research firm CreditSights Inc said, a move that would alleviate worries of Countrywide bondholders.

Comment?

Related Topix: Financial Services, Bank of America, Banking

Thu Jul 10, 2008

South Florida Sun-Sentinel

Countrywide takeover will pay off, BofA's CEO says

Bank of America Chief Executive Ken Lewis defended his takeover of Countrywide Financial Corp., saying Wednesday that the Calabasas lender 'kind of went into a shell and didn't say much about what they were ...

1 comment

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

NYSSCPA.org

Research Firm Says Bank of America May Assume All Countrywide Debt

Bank of America Corp may assume all debt of the former Countrywide Financial Corp, independent research firm CreditSights Inc said, a move that would alleviate worries of Countrywide bondholders, according to ...

Comment?

Related Topix: Bank of America, Financial Services, Banking

Wed Jul 09, 2008

Boston Globe

For the record

Correction: Because of a reporting error, a story on Page One of yesterday's Globe misidentified the year Senator Kent Conrad, Democrat of North Dakota, refinanced his home with Countrywide Financial Corp.

Comment?

Related Topix: US Senate, US Politics, Kent Conrad, Democrat, US News, Financial Services

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