RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

Countrywide Financial Corp.

A collection of news and information related to Countrywide Financial Corp. published by this site and its partners.

Top Countrywide Financial Corp. Articles

Displaying items 45-55
  • B of A shares drop again, but other banking stocks rise

     
    BofA shares drop again, while other banking stocks rise...
  • Bank of America shares tumble again

     
    Bank of America: News of another huge mortgage lawsuit targeting Bank of America Corp., and of a hedge-fund investor dumping BofA shares, sent the bank's stock tumbling Monday. Bank of America shares fell $1.18, or 14%, to $6.99 in midday trading Monday....
  • Wells Fargo, KPMG reach $627-million settlement of lending suit

     
    The legal fallout from high-risk, boom-era mortgage lending never stops, it seems -- the latest example being Wells Fargo & Co.'s $590-million proposed settlement of a class-action lawsuit centering on controversial "Pick-a-Pay" loans issued by Oakland'...
  • Jeff Madrick on Southern Californians and the financial crisis

     
    The growing bookshelf of volumes on the financial crisis have tended to focus on the last decade and the various elements that gave rise to the subprime mortgage meltdown. Jeff Madrick, a former economics columnist for the New York Times,......
  • FTC: Countrywide borrowers to get $108 million in refunds for alleged abuses

     
    FTC: Countrywide borrowers to get $108 million in refunds for alleged abuses...
  • BofA shares dip below $10 for first time in 2 years

     
    Bank of America Corp. shares have dropped below $10 a share for the first time in more than two years, as investors worry that the bank will have more bad news to disclose when it reports earnings on Tuesday. Pre-announcing......
  • JPMorgan Chase mortgage results bode well for Wells Fargo

     
    Whither mortgage lending? Many foreclosures are back on hold as the big banks wrestle with regulators over the price they must pay for botching their handling of distressed borrowers. Bank of America, preannouncing its earnings, said in late June that.......
  • Bank of America announces $14-billion settlement of Countrywide mortgage claims

     
    This post has been corrected. See the note at the bottom for details. If Countrywide Financial co-founder Angelo Mozilo had sold former Bank of America boss Ken Lewis a kitchen sink, maybe they could have tossed that in there too.......
  • Regulators fine former Vineyard Bank CEO Norman Morales

     
    It's not quite up there with former Countrywide boss Angelo Mozilo's $67.5-million settlement, but regulators have fined another former Southland banker for alleged misconduct during the housing boom. Norman A. Morales, the former president and chief...
  • BofA to open more outreach centers for delinquent homeowners

     
    Bank of America plans to triple the number of its assistance offices for homeowners in trouble on their mortgages, including adding seven of the new outreach centers in California. The Charlotte, N.C.-based bank has been clobbered by losses on high-risk.....
  • Fed lending aided California banks of all types during crisis

     
    On Friday, April 4, 2008, the Federal Reserve made an emergency $650-million loan to Countrywide Financial Corp. to help what was then the No. 1 home lender from running out of operating cash. The Calabasas-based high-risk mortgage specialist, which...