Bank of America Corp.'s decision to embark on an $8.4 billion home-loan-modification program to settle charges brought by state attorneys general against Countrywide Financial Corp. was hailed as a milestone when the deal was announced this fall. But apparently nobody...
created by MortgageAuditor | 1 year ago | updated 1 year ago 211 views | 0 recommendations | 1 comment
The Vetter needed Vetting, Johnson resigns from Obama's VP SearchA manager of Democrat Barack Obama's vice presidential search team resigned Wednesday amid criticism over his personal loan deals."Jim did not want...
Put this in your "no real surprise
to anyone who pays attention" folder -
"NEW YORK (CNNMoney.com) -- The FBI has launched an investigation into the lending practices of battered home lender Countrywide Financial Corp. according to a U.S. government official, CNN has...
created by Mikasi | 1 year ago 329 views | 0 recommendations | 0 comments
Like the oil company profits last year, it's another situation of individuals making a lot of money in sectors experiencing trouble."The heads of three companies implicated in the mortgage crisis have been asked to explain how they collectively received hundreds of millions...
created by Dave Keating | 1 year ago | updated 1 year ago 359 views | 0 recommendations | 0 comments
Two youth on motorcycle ignoring traffic rules, died after driving into the side of a Police car. The neighbourhood erupting into a war zone in this predominately poor neighbourhood resulted in the...
With so many folks living literally on credit, the U.S. mortgage industry is only getting worse according to this report. --------------------------------------------------"US home foreclosure filings...
created by angryindian | 2 years ago | updated 2 years ago 1666 views | 7 recommendations | 3 comments
Buys convertible preferred stock for $2 billion
Charlotte, North Carolina (ANTARA News/PRNewswire-AsiaNet) - Bank of
America Corporation today announced it has made an investment in
Countrywide Financial Corporation, thelargest mortgage lender in the United States.
Bank of...
created by uusjio | 2 years ago 295 views | 0 recommendations | 0 comments
Aug 16 08:51 AM US/Eastern - By STEPHEN BERNARD - AP Business Writer
NEW YORK (AP) - The nation's largest mortgage lender borrowed $11.5 billion from a group of 40 banks to fund new loans, in a move that shows...
created by cb3tech | 2 years ago | updated 2 years ago 536 views | 0 recommendations | 0 comments
Californians rush to pull money from Countrywide BankParent of home loan company assures that bank is stable
http://www.ajc.com/business/content/business/stories/2007/08/17/countrywidebank0817.html
created by gryphon | 2 years ago | updated 2 years ago 551 views | 0 recommendations | 0 comments
The Congress for South African Trade Unions claim that 600,000 public workers took part in a nationwide strike over a pay increase, whilst government spokespeople put the number at 70,000. One thing that both sides agree on is that the situation that led to the strike remains...
" NEW YORK (Reuters) - Countrywide Financial Corp., the largest U.S. mortgage lender, on Tuesday said it expects to cut staff by more than 2,500 employees to help save more than $500 million as demand for home loans slumps. The cuts affect about 4 percent of Calabasas,...
created by Populux | 3 years ago 361 views | 0 recommendations | 0 comments