Mortgage lender Countrywide Financial Corp (CFC.N: Quote, Profile, Research) on Tuesday defended its treatment of borrowers who have filed for bankruptcy and pledged to hire an independent auditor to review the company's practices.
"This type of ...
More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment 
, Countrywide, mortgages May 6th, 2008
AP
LOS ANGELES (AP) — Countrywide Financial Corp. said Tuesday it lost $893 million in the first quarter, as rising loan defaults amid a deepening housing downturn forced the nation's largest mortgage lender and servicer to ...
More... (Mortgage Lender & Broker News, Mortgage News)
Mortgage-Market Pros
Aim to Cash In on Slump
For 27 years, former Countrywide Financial Corp. President Stanford Kurland made a fortune helping to build a mortgage-lending empire.
Now, as parts of the mortgage market collapse, Mr. Kurland ...
More... (Mortgage Lender & Broker News, Mortgage News)
March 20 (Bloomberg) -- Countrywide Financial Corp.'s ex- president and at least nine other former senior employees from the largest U.S. home lender are starting a mortgage company that will initially focus on buying loans.
Stanford ...
More... (Mortgage Lender & Broker News, Mortgage News)
Countrywide Financial Corp. said the foreclosure rate on its 9 million mortgages rose to 1.64 percent last month from 0.8 of a percent in February 2007.
The Calabasas-based mortgage lender had a 1.48 percent foreclosure rate ...
More... (Mortgage Lender & Broker News, Mortgage News)
NEW YORK (MarketWatch) -- The Federal Bureau of Investigation is looking into whether troubled lender Countrywide Financial Corp. deliberately made loans to borrowers who did not have the assets or financial wherewithal to pay them ...
More... (Mortgage Lender & Broker News, Mortgage News)
The Federal Bureau of Investigation is investigating Countrywide Financial Corp. for possible securities fraud, checking whether the company made misrepresentations about its financial state and the condition of its mortgages in its financial filings, according ...
More... (Mortgage News)
Countrywide Financial Corp.'s mortgage portfolio continues to deteriorate rapidly as defaults increase and home prices fall, a securities filing shows.
The Calabasas, Calif., lender's annual filing with the Securities and Exchange Commission, released late Friday, showed ...
More... (Mortgage News)
In the nation's worst-hit real estate markets, home sellers are suffering a new blow: They're being blacklisted by lenders.
As property values decline and credit markets contract, home lenders nationwide are growing ever more unwilling to ...
More... (Foreclosure News, Education, and Updates, Real Estate News)
91 Community Groups Ask BofA to Halt Foreclosures of Countrywide Mortgages and Develop Plan to Address Victims of Countrywide's Unscrupulous Lending
SAN FRANCISCO, Feb 20, 2008 /PRNewswire-USNewswire via COMTEX/ -- Countrywide Financial's shoddy lending practices have ...
More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
