Posts tagged as:

Countrywide

Mortgage firm Countrywide, in response to alleged data breach, offers free credit monitoring

September 10, 2008

“As many as 2 million loan applicants may have had their personal information stolen, the FBI says.” Mortgage firm Countrywide, in response to alleged data breach, offers free credit monitoring | LA Times

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Throwdown! Connecticut Sues Countrywide For Deceptive Lending

August 8, 2008

Throwdown! Connecticut Sues Countrywide For Deceptive Lending | Consumerist

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Former Countywide Employee Arrested For Stealing, Selling Customer Identities

August 4, 2008

Former Countywide Employee Arrested For Stealing, Selling Customer Identities | Consumerist

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Ex Countrywide Manager Exposes Its Lies

June 30, 2008

Today Show: “So, Countrywide employees were coaching them to lie?” Insider: “Yes.” Ex Countrywide Manager Exposes Its Lies | Consumerist

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Countrywide Is About To Foreclose On Ed McMahon

June 4, 2008

Countrywide Is About To Foreclose On Ed McMahon | Consumerist

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Mortgage servicers make their money by screwing consumers and lenders

May 19, 2008

I was amused to read Mark Ireland’s post saying he came under fire by members of a panel on foreclosures at the recent Equal Justice Conference in Minneapolis for suggesting that mortgage loan servicers are not acting in the best interest of either consumers or lenders. I thought that was common knowledge.
Servicers make money from [...]

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Bank of America to pay two Countrywide execs $19 million for running company, economy into the ground

March 30, 2008

In an odd sort of thank-you note, Bank of American will give two top Countrywide executives, CEO Angelo Mozilo (pictured) and President David Sambol, $19 million in stocks. Bank of America took over Countrywide, the company made famous by writing loans all but guaranteed to fail. Countrywide’s loose lending habits were a significant contribution to [...]

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The mortgage foreclosure mess explained

February 5, 2008

In Part 1 and Part 3, Sarah Ludwig and Herman De Jesus discuss the foreclosure crisis in New York City. De Jesus points out that subprime loans are the only loans available in many minority neighborhoods.
Part 2 features Nerida Soto-Cuccia, an ordinary, well-educated, middle-class homeowner who landed in foreclosure as a result of a subprime [...]

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