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COUNTRYWIDE FINANCIAL CORP .
Factbox-Warren Buffett's investments in financial firmsThey include stakes in Brazilian digital lender Nubank, whose U.S.-listed shares are known as Nu Holdings, and more than 5% stakes in five ...- 'EU leaders are behaving like thieves'Cyprus, long a bastion for money laundering and other offshore-banking abuses, switched its currency to the euro from the Cyprus pound in J...
- BoA to settle with Fannie Mae, sell mortgage assetsBank of America Corp.says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown.
- Bank of America has countrywide bankruptcy as optionBank of America Corp. (BAC), the lender burdened by its Countrywide Financial Corp. takeover, would consider putting the unit into bankrupt...
- Bank of America may cut 10% jobsJob cuts may total about 10% of the firm's 288k employees in the next 2-3 yrs, said a person with direct knowledge of the discussions.
- US to help homeowners on verge of foreclosuresUp to 40 state attorneys general are preparing to launch a joint investigation into the mortgage industry over the foreclosure-document mes...
- Bank of America to pay borrowers $108 millionBank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago, c...
- US companies facing federal charges in wake of crisisThe govt has launched civil cases against financial cos in the wake of the housing market's collapse and ensuing banking crisis. Top gainer...
- Citi, HSBC among biggest subprime loan originatorsThe top 25 originators of the high-interest loans accounted for a whopping 72% of subprime loans during the 2005-07 period, the CPI said. M...
- Treasury completes $29.8 bn boost to AIG rescueThe government has completed the transaction providing nearly $30 billion more in support to American International Group Inc., minus $165 ...
- Bank of America Q1 profit triples to $4.2 billionBank of America Corp, the largest US bank by assets, reported first-quarter profit more than tripled on gains from home refinancing and tra...
- Uncle Sam to help BankAm digest Merrill, CountrywideBank of America may get more aid from the govt to absorb losses tied to this month’s acquisition of Merrill Lynch & Co.
- Bank of America settles lawsuit over bad mortgagesBank of America Corp subsidiary has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes.
- Fannie, Freddie disclose subpoenas, investigationsA federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said o...
- Countrywide falls on worry about B of A mergerCountrywide Financial Corp shares fell nearly 6 per cent on Friday on renewed speculation that Bank of America Corp will renegotiate or can...
- Bank of America to modify home loansBank of America Corp said on Monday that, as part of its acquisition of Countrywide Financial Corp it expects to modify at least $40 billio...
- Subprime probe may lead to hedge funds: FBIThe FBI's probe of the subprime mortgage industry could uncover fraud involving Wall Street investment banks, private equity firms or hedge...
- Countrywide under FBI scannerFinancial, the largest US mortgage lender, is under investigation by the Federal Bureau of Investigation (FBI) for possible securities frau...
- Countrywide said to begin layoffsCountrywide Financial Corp, the nation's largest mortgage lender, has begun laying off staff as part of its effort to ride out the credit c...
- Countrywide taps $11.5 b credit line from banksCountrywide Financial Corp, the biggest US mortgage lender, tapped an entire $11.5 billion bank line as the global credit crunch curbed acc...
Load More- Bank of America has countrywide bankruptcy as option
