Bank of America Corp is in advanced talks to buy struggling Countrywide Financial Corp, the largest U.S. mortgage lender, several people familiar with the matter said on Thursday. Countrywide shares ...
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MANHATTAN – **Bank of America this morning said it will pay $4 billion in stock to buy Countrywide Financial, the financially troubled and much-sued lender that has become the poster child for the ...
Some Countrywide Financial Corp. employees who suffered heavy losses in their retirement accounts filed a lawsuit against the giant lender Wednesday claiming the company was not honest with them about ...
A year ago, Countrywide Financial Corp. Chairman and Chief Executive Angelo R. Mozilo was boasting that the looming shakeout in home prices and hike in mortgage interest rates would usher in a period ...
LAS VEGAS (CN) - Nevada's attorney general says Countrywide Financial caused thousands of people to lose their homes to foreclosure because of "risky, high-priced and ultimately unaffordable mortgage ...
Countrywide Financial Corp. is expanding its nascent auto insurance line into four more states in an effort to diversify its business leaving some analysts less than impressed by the strategy. After ...
He built Countrywide Financial into the country’s largest mortgage lender, but its increasingly risky loans helped precipitate the 2008 financial crisis. By Tara Siegel Bernard He’s leaving his ...