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Countrywide Mortgage Specific links

Countrywide Mortgage News

BofA Wins Dismissal in Allstate Countrywide Securities Suit

Bank of America Corp. won dismissal from Allstate Corp.’s lawsuit over the insurer’s alleged losses from $700 million in mortgage-backed securities purchased from Countrywide Financial Corp.

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BofA Wins Dismissal From Allstate Mortgage Losses Suit Against Countrywide

Bank of America, as a corporate parent, isn’t responsible for the liabilities of Countrywide, the mortgage lender it acquired in 2008, U.S. District Judge Mariana Pfaelzer in Los Angeles said today.

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Covering the Bases

When House Armed Services Chairman Buck McKeon (R-Calif.) became ensnared by the Countrywide mortgage scandal last month, his senior staff came together for a strategy session to decide how to throw colleagues, potential challengers and former employees under the bus.

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Banks Blame Countrywide for U.K. Mortgage Losses in 97 Suits

Suninder Sandha bought his luxury apartment in Coleorton Hall, a 19th century country mansion near Leicester in central England, using a 1.2 million-pound loan ($1.86 million) from Barclays Plc in 2005.

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BofA Wins Dismissal From Allstate Suit Against Countrywide

Bank of America Corp. won dismissal from Allstate Corp.’s lawsuit over its alleged losses from $700 million in mortgage-backed securities purchased from Countrywide Financial Corp.

Read more...