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Countrywide Financial Corporation News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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  • Bank of America Program Helps 100,000 Subprime, Option-ARM Borrowers Avoid Foreclosure in First 10 Months of Outreach 23 Nov 2009 20:30 GMT
    ... customers since the beginning of last year." In October 2008, three months after acquiring Countrywide Financial Corporation, Bank of America announced it had reached agreement with state attorneys general on ...

  • Bank of America Program Helps 100,000 Subprime, Option-ARM Borrowers Avoid Foreclosure in First 10 M 23 Nov 2009 20:34 GMT
    ... customers since the beginning of last year." In October 2008, three months after acquiring Countrywide Financial Corporation, Bank of America announced it had reached agreement with state attorneys general on ...

  • Lawsuit aims to throw Titans quarterback for loss 22 Nov 2009 00:33 GMT
    ... lenders are pressuring them to lease their properties with stable, credit-worthy tenants. KB Home, Countrywide Financial and an appraisal subsidiary of Countrywide are being sued by a Texas homeowner who ...

  • Born poor, now self-made billionaires 20 Nov 2009 12:59 GMT
    ... person. 350)this.width=350;" /> Angelo R Mozilo was the co-founder and chief executive officer of Countrywide Financial until July 1, 2008. The 70-year old Mozilo started the company in 1969. The ...

  • Born poor, now self-made... 20 Nov 2009 14:19 GMT
    ... person. 350)this.width=350;" /> Angelo R Mozilo was the co-founder and chief executive officer of Countrywide Financial until July 1, 2008. The 70-year old Mozilo started the company in 1969. The ...

  • Democrats and Republicans share ethics woes 19 Nov 2009 14:16 GMT
    ... to one element of that inquiry - covering sweetheart deals on loans given by Countrywide Financial to the rich and powerful partly to build up political IOUs - House Democrats ...

  • McMahon's wealth dwarfs resources of most GOP foes 19 Nov 2009 02:30 GMT
    ... has been battered by criticism that he accepted favorable terms on a mortgage from Countrywide Financial and protected executive bonuses at AIG after the insurer was bailed out by the ...

  • SEC stepped up enforcement in wake of financial crisis 19 Nov 2009 15:33 GMT
    ... after pleading guilty to criminal charges in July. In June, the SEC sued former Countrywide Financial Corp. co-founder Angelo Mozilo, claiming he misled investors about the company's worsening financial condition ...

  • City agency's list of lenders has problems 21 Nov 2009 09:40 GMT
    ... institutions’ employees. Some of the biggest players in the nation’s subprime-mortgage meltdown — including Countrywide Financial, which has been absorbed by Bank of America, and the now-bankrupt New Century Financial ...

  • After subprime, Bill Dallas takes on big banks 19 Nov 2009 09:19 GMT
    ... up," said Dallas from his office in Calabasas, California, the same home base for Countrywide Financial Corp as it toppled competitors to become the nation's top lender earlier this decade. ...

  • Rating social investments 18 Nov 2009 12:56 GMT
    ... any firm can be deemed a socially responsible investment. The fact that firms like Countrywide Financial, whose questionable lending practices contributed to our current financial crisis, routinely made these lists ...

  • Poll numbers don't deter Dodd from reform efforts 18 Nov 2009 11:34 GMT
    ... let people know that.” He has been criticized for accepting a favorable mortgage from Countrywide Financial, although he was cleared by the Senate Ethics Committee of wrongdoing, and for changes ...

  • Philadelphia Gives Homeowners a Way to Stay Put 18 Nov 2009 11:52 GMT
    ... for-profit credit counselor, he took out a new mortgage — a variable-rate loan from Countrywide Financial, which is now owned by Bank of America. He paid off some credit card ...

  • Some, but not all, cheer Dodd's consumer proposals 15 Nov 2009 08:47 GMT
    ... refinanced two home mortgages in 2003 by participating in a VIP program with now-defunct Countrywide Financial Corp. He was identified as a "Friend of Angelo," Countrywide Chief Executive Officer Angelo ...

  • Editorial: Parties share ethics woes 17 Nov 2009 13:10 GMT
    ... to one element of that inquiry - covering sweetheart deals on loans given by Countrywide Financial to the rich and powerful partly to build up political IOUs - House Democrats ...


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