NEW YORK (Reuters) - Countrywide Financial Corp said thousands of borrowers with $25.4 billion in option adjustable-rate mortgages (ARMs) owe almost as much as their homes are worth as home prices ...
LOS ANGELES AP - Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed ...
NEW YORK — Federal prosecutors want Bank of America Corp. to pay about $864 million over losses incurred by the government after it bought thousands of home loans made by Countrywide Financial during ...
LOS ANGELES -- A unit of embattled insurer American International Group Inc. filed suit against mortgage lender Countrywide Financial Corp. in California federal court yesterday, alleging that ...
Countrywide Financial Corp.'s controversial "VIP" mortgage program made 153 loans to employees of Fannie Mae, the giant, federally backed financial institution that helped fuel Countrywide's growth, ...
Consumer advocates, minority groups and homeowners, some chanting "Save our homes, fix our loans," staged a demonstration outside Countrywide Financial Corp. offices Wednesday, part of a campaign to ...
In today’s sizzling housing market, mortgage lenders like Countrywide Financial Corp. have made huge profits selling their loans to investors. But a decision by the Calabasas-based company to sell ...
Struggling home mortgage lender Countrywide Financial Corp., already hit hard by the lending crisis and an investigation into potential fraud at the company, now faces another crisis: One of its ...
It could be the tip of an iceberg. Ticor Title, one of the largest title insurance firms in the country, is suing Countrywide Home Loans, the nation's largest home lender, saying it shouldn't have to ...
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