Countrywide Financial Newswire (Page 5)

Comprehensive Real-Time News Feed for Countrywide Financial. (Page 5)

Results 81 - 100 of 53,734 in Countrywide Financial

  1. Bank of America Pays Record $17B for Toxic MortgagesRead the original story

    Thursday Aug 21 | TheStreet.com

    ... be held liable for toxic mortgages originated by two institutions it had acquired-- Merrill Lynch and Countrywide Financial. Bank of America completed its acquisition of Countrywide in July 2008 and Merrill Lynch in January 2009, which by then was ...

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  2. Bank of America agrees to historic $17B settlement of mortgage claimsRead the original story w/Photo

    Thursday Aug 21 | Christian Science Monitor

    ... securities. The problems stem largely from Bank of America's 2008 purchase of Merrill Lynch & Co. and Countrywide Financial Corp. During negotiations, Bank of America said they could not be held accountable for risky lending practices of Countrywide ...

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  3. Bank of America $17bn Record Penalty ConfirmedRead the original story w/Photo

    Thursday Aug 21 | Cool FM

    ... was expected to resolve the vast majority of the bank's remaining liabilities tied to its purchases of Countrywide Financial, once the nation's largest mortgage lender, and Merrill Lynch. The settlement is by far the largest deal the justice ...

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  4. Bank of America forced to pay $16.65 billion to settle claimsRead the original story w/Photo

    Thursday Aug 21 | Examiner.com

    ... the wrongdoing at issue", said Holder. Bank of America inherited a load of toxicity when it acquired Countrywide Financial Corp and Merrill Lynch. A high percentage of the bad loans can be traced to Countrywide and Associate Attorney General Tony ...

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  5. Bank Of America Settles Mortgage Probes For $16.65 BillionRead the original story

    Thursday Aug 21 | AmericanBankingNews.com

    ... majority of the Charlotte, North Carolina-based bank's remaining liabilities tied to its purchases of Countrywide Financial Corp, once the nation's largest mortgage lender and Merrill Lynch & Co.

 "Bank Of America Settles Mortgage ...

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  6. Bank of America Agrees to Pay Record $16.65 BillionRead the original story w/Photo

    Thursday Aug 21 | Hispanic Business

    ... the civil pact. The deal resolves federal and state probes largely into alleged mortgage misconduct by Countrywide Financial and Merrill Lynch prior to Bank of America' purchase of the companies. "We believe this settlement, which resolves ...

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  7. BofA Settles Mortgage Probes For $16.65BRead the original story

    Thursday Aug 21 | Banker & Tradesman

    ... majority of the Charlotte, North Carolina-based bank's remaining liabilities tied to its purchases of Countrywide Financial Corp., once the nation's largest mortgage lender, and Merrill Lynch & Co. "This historic resolution - the largest such ...

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  8. Bank of America to pay record $16.6B in mortgage-securities settlement with USRead the original story

    Thursday Aug 21 | ABA Journal

    ... to the statement of facts (PDF). Many of the allegations concern mortgage-backed securities sold by Countrywide Financial Corp. and Merrill Lynch & Co. before the companies were purchased by Bank of America. Bank of America lawyers had argued the ...

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  9. Bank of America agrees to pay nearly $17B settlementRead the original story w/Photo

    Thursday Aug 21 | Business Journal

    ... federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch. As part of this global resolution, the bank has agreed to pay a $5 billion penalty under the ...

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  10. Justice Dept. announces $17B settlement with Bank of AmericaRead the original story w/Photo

    Thursday Aug 21 | WKXW-FM Trenton

    ... misrepresented the quality of loans they sold to investors. Most of the problem loans were sold by Countrywide Financial and Merrill Lynch before Bank of America bought them during the 2008 financial crisis. To settle the government's claims against ...

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  11. Md. to get $75M from Bank of America settlementRead the original story w/Photo

    Thursday Aug 21 | WBAL-TV Baltimore

    ... the $75 million share from the settlement with Bank of America and its acquisitions, Merrill Lynch and Countrywide Financial Corporation. The money will be used for consumer assistance and housing relief efforts. Maryland, five other states and ...

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  12. Business this weekRead the original story

    Thursday Aug 21 | The Economist

    ... on a single company. A significant chunk of the fine relates to toxic mortgage products handled by Countrywide Financial and Merrill Lynch, which BofA bought when both were teetering on the edge of bankruptcy. See article Benjamin Lawsky, New York ...

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  13. Bank of America settles mortgage probes for $16.65 blnRead the original story

    Thursday Aug 21 | Reuters

    ... majority of the Charlotte, North Carolina-based bank's remaining liabilities tied to its purchases of Countrywide Financial Corp, once the nation's largest mortgage lender and Merrill Lynch & Co. Bank of America said the accord is expected to reduce ...

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  14. Consumer Relief Re: Bank of America to Pay $16.65 Billion in Historic ...Read the original story

    Thursday Aug 21 | jdsupra.com

    ... investors. "The Central District of California has taken the lead in the department's investigation of Countrywide Financial Corporation," said Acting U.S. Attorney Stephanie Yonekura for the Central District of California. "Countrywide's improper ...

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  15. US Bank to Pay Record Fine of Nearly $17 BillionRead the original story w/Photo

    Wednesday Aug 20 | Voice of America

    ... by two financial institutions it acquired, the Merrill Lynch stock brokerage and home mortgage lender Countrywide Financial.

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  16. Bank of America Reaches $17 Billion SettlementRead the original story w/Photo

    Wednesday Aug 20 | Wall Street Journal

    ... lve a government investigation that stems largely from the bank's purchases of Merrill Lynch & Co. and Countrywide Financial Corp. as they teetered in the...

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  17. Bank of America to Pay $16.65 Billion in Historic Justice Department...Read the original story

    Thursday Aug 21 | PressReleasePoint

    Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch.

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  18. Bank of Am settle probes for US16.6bnRead the original story w/Photo

    Thursday Aug 21 | Business World

    ... majority of the Charlotte, North Carolina-based bank's remaining liabilities tied to its purchases of Countrywide Financial Corp, once the nation's largest mortgage lender and Merrill Lynch and Co. Bank of America said the accord is expected to ...

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  19. Today's Market: The News Affecting These StocksRead the original story

    Thursday Aug 21 | Seeking Alpha

    ... for the worst financial crisis since the Great Depression. It had appeared that the co-founder of Countrywide Financial had escaped legal action after paying a $67.5 million fine to the SEC for misleading investors, but if the US government does ...

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  20. Bank Of America Agrees To Pay $16.65 Billion To Settle Mortgage ChargesRead the original story w/Photo

    Thursday Aug 21 | Switched

    ... majority of the Charlotte, North Carolina-based bank's remaining liabilities tied to its purchases of Countrywide Financial Corp, once the nation's largest mortgage lender and Merrill Lynch & Co. Bank of America said the accord is expected to reduce ...

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