The Pittsburgh Business Times (Free subscription) | 10/10/2008
Pennsylvania Attorney General Tom Corbett said Friday that his office is in the final stages of settlement negotiations with Countrywide Financial.
USS Neverdock (Free subscription) | 10/10/2008
And this guy says he can prove it. "Former Countrywide Financial loan officer Robert Feinberg says Mr. Dodd knowingly saved thousands of dollars on his refinancing of two properties in 2003 as part of a special program the California mortgage company had for the influential. He also says he has internal company documents that prove Mr. Dodd knew he was getting preferential treatment as a friend of...
Libertarian Leanings (Free subscription) | 10/10/2008
This morning's Wall Street Journal opines that Senator Chris Dodd, the Democrat from Connecticut who got sweet deals and prefential mortgage treatment from Countrywide, ought to be on the witness list in these ongoing Capitol Hill hearings. Former Countrywide Financial...
Vincent G. Rinn Law Library (Free subscription) | 09/10/2008
On October 6, law suits originally brought against Countrywide Financial ( acquired by Bank of America) by Attorneys General Lisa Madigan of Illinois and Jerry brown of California, later joined by several other states and the City of San Diego,...
PR News Wire (Free subscription) | 09/10/2008
HARRISBURG, Pa., Oct. 9 /PRNewswire-USNewswire/ -- Attorney General Tom Corbett today announced that the Attorney General's Office is in the final stages of negotiations with Countrywide Financial to obtain monetary relief and cash assistance for thousands of Pennsylvania residents with loans through Countrywide. Corbett said his office has been investigating Countrywide for several months and the...
Denver Post (Free subscription) | 08/10/2008
A multistate settlement with the parent of mortgage giant Countrywide Financial Corp. could deliver $130 million in loan relief to more than 6,800 Colorado borrowers, the Colorado attorney general's office said Tuesday.
D-Day (Free subscription) | 07/10/2008
Yesterday, Bank of America announced that they would settle their lawsuit with a parade of states Attorneys General that began before BofA bought out the defendant, Countrywide Financial. The initial suit alleged that Countrywide engaged "in deceptive advertising and unfair competition by pushing homeowners into mass-produced, risky loans for the sole purpose of reselling the mortgages on the secondary...
Findlaw (Free subscription) | 07/10/2008
Bank of America, the new owner of Countrywide Financial, has announced an $8.4 billion settlement under which homeowners in 11 states could see mortgage relief through lowered interest rates and reduced principals. The deal -- a response to lawsuits in...
San Diego Union (Free subscription) | 07/10/2008
Hundreds of San Diego County homeowners now facing foreclosure will benefit from the settlement of California's predatory lending lawsuit against Countrywide Financial Corp., Attorney General Jerry Brown said yesterday.
Sacramento Bee (Free subscription) | 07/10/2008
There may be a way out of trouble, after all, for thousands of Sacramento-area borrowers struggling with risky housing-boom mortgages from Countrywide Financial Corp. MARY ALTAFFER Associated Press The Dow Jones news ticker is reflected in a window Monday in Times Square.
Denver Post (Free subscription) | 07/10/2008
Colorado didn't sue Countrywide Financial Corp. but still may share in a landmark $8.7 billion settlement between the mortgage lender's parent company and 11 states, the Colorado attorney general's office said Monday.
Houston Chronicle (Free subscription) | 07/10/2008
An estimated 30,000 Texas homeowners with mortgages from Countrywide Financial may get friendlier loan terms through a settlement to help rescue those in over their head.
ISIAH CAREY'S 'INSITE' (Free subscription) | 07/10/2008
DO YOU THINK THIS EFFORT WILL MAKE A DIFFERENCE? Texas Attorney General Greg Abbott and six other state attorneys general on Monday reached a nearly $8 billion agreement with Countrywide Financial Corp to help bailout some homeowners threatened by foreclosure. Texans who are in default or likely to default on sub-prime mortgages issued by Countrywide could be eligible to participate in an extensive...
Tampa Bay Online (Free subscription) | 07/10/2008
Relief is on the way for some financially strapped homeowners. Charlotte, N.C.-based Bank of America, which took control of Countrywide Financial Corp. early this year, said Monday it will modify bad mortgages with up to $8.4 billion in interest rate and principal reductions for 400,000 Countrywide customers.
Tampa Bay Online (Free subscription) | 07/10/2008
Relief is on the way for some financially strapped homeowners. Charlotte, N.C.-based Bank of America, which took control of Countrywide Financial Corp. early this year, said Monday it will modify bad mortgages with up to $8.4 billion in interest rate and principal reductions for 400,000 Countrywide customers.
