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A collection of news and information related to Countrywide Financial Corp. published by this site and its partners.
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Judge dismisses parts of IndyMac fraud case
In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgage lender.
U.S. District Judge...Tags: Laws, Companies and Corporations, New Century Financial Corporation, Washington Mutual Inc., Corporate Officers
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Ellen Degeneres downsizes into 8,500-square-foot Beverly Hills home
Cyberspace was a-twitter this week with the news that Ryan Seacrest is buying Ellen DeGeneres' Beverly Hills compound for $37 million, and that she and spouse Portia de Rossi are moving no farther than a Hal Levitt-designed midcentury — also in...Tags: Gossip Girl (tv program), Golf, Dining and Drinking, Personal Service, Kevin Costner
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BofA begins contacting distressed homeowners about principal cuts
It's not quite a check in the mail, but certain distressed mortgage borrowers at Bank of America Corp. will be happy they opened the letter anyhow. The Charlotte, N.C., lender said Tuesday it has begun contacting about 200,000 customers who have fallen...Tags: Federal Housing Administration, Banking, Fannie Mae, Financial and Business Services, Bank of America Corp.
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Bank of America CEO faces shareholder ire as protests swirl
Four people were arrested Wednesday as they tried to force their way into the annual Bank of America Corp. shareholders' meeting in Charlotte, N.C. Police used a new ordinance to impose restrictions on the gathering.
Hundreds of people gathered on the...Tags: Banking, Corporate Officers, Mining, Annual and Special Corporate Meetings, Charlotte
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Former Countrywide chief Angelo Mozilo sells Thousand Oaks home for $2.9 million
Former Countrywide Financial Corp. chairman and chief executive Angelo R. Mozilo and his wife, Phyllis, have sold their house in Thousand Oaks for $2.9 million.
Countrywide helped fuel the boom in risky subprime loans that led to the foreclosure crisis....Tags: Personal Service
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Clinics halt Lap-Band surgeries
Two clinics tied to 1-800-GET-THIN have temporarily halted Lap-Band weight-loss surgeries after the device's maker said it would no longer sell to companies affiliated with the massive advertising campaign.
The two brothers identified in lawsuits as...Tags: Concerts, Laws, Politics, Companies and Corporations, Music
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California, Nevada team up to investigate foreclosure fraud
Money & CompanyThe attorneys general of California and Nevada said they will join forces to investigate foreclosure fraud and other types of mortgage improprieties.... -
4 House members got Countrywide VIP loans, Rep. Darrell Issa says [Updated]
Money & CompanyCountrywide VIP loans: Four current House members received Countrywide VIP loans, Rep. Darrell Issa told the House Ethics committee.... -
Bank of America expected to settle discriminatory lending claims
Money & CompanyThe Justice Department is expected to announce Wednesday a settlement with Bank of America Corp. that resolves accusations that its Countrywide Financial unit engaged in discriminatory mortgage-lending practices, according to a person familiar with the... -
BofA to pay $335 million to settle Countrywide mortgage bias probe
Money & CompanyThe post has been updated. See below for details. Bank of America Corp. has agreed to pay $335 million to settle allegations that Countrywide Financial, which it now owns, systematically discriminated against minority home-buyers at the peak of the U.S...... -
Longtime home of late entertainer Ed McMahon sells for $3.475 million
The Beverly Hills Post Office-area home that entertainer Ed McMahon fought to keep from foreclosure in a much-publicized battle in 2008 has sold in an all-cash deal for its most recent asking price of $3.475 million.
Six offers came in on the property...Tags: Donald Trump, Financial and Business Services, Game Shows (genre), Foreclosures, Ed McMahon
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Pierce Brosnan remains bonded to Malibu despite house sale
Actor Pierce Brosnan has sold his Malibu beach retreat for $2.6 million.
Brosnan and his wife, environmental activist and former broadcast journalist Keely Shaye Smith, put the property on the market at $3.9 million in 2010 while building another house...Tags: Dining and Drinking, Eddie Murphy, Foreclosures, Personal Service, Banking
May 23, 2012
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May 20, 2012
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May 9, 2012
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May 9, 2012
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May 1, 2012
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Feb 8, 2012
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Dec 6, 2011
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Dec 19, 2011
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Dec 21, 2011
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Dec 21, 2011
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Jan 4, 2012
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Jan 15, 2012
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