Issues

    Posts Tagged ‘Countrywide’

  • Bank of America to pay $108 million to settle mortgage charges Monday, June 7, 2010 � by jg

    Los Angeles Times: The new owner of Countrywide Financial Corporation has agreed to pay $108 million to settle federal charges that the company overcharged and deceived 200,000 mortgage borrowers who were facing foreclosure.

  • Countrywide reportedly agrees to $600 million class action settlement Monday, April 26, 2010 � by jg

    Los Angeles Daily Journal: Attorneys for Countrywide Financial have reportedly agreed to a $600 million settlement of a federal class action suit filed by investors who claim the company withheld information about the possible impact of a downturn in the housing market.

  • Schwarzenegger raked in subprime lender campaign money Sunday, November 1, 2009 � by eric

    Gov. Arnold Schwarzenegger took more campaign donations, $2.9 million, from subprime lenders than any state politician in the nation during this decade. His aides said the money had no impact on his decisions.