Watch breaking news videos and read news updates about Countrywide Financial on FOXBusiness.com.
LATEST VIDEOS
Jeff Birnbaum of The Washington Times argues the president needs Dodd as the Senator from Connecticut
Congress: The Real Predatory Lenders?
10/16/2009|Cavuto
American Enterprise Institute's Peter Wallison argues Congress is to blame for the housing crisis.
Fmr. Medtronic CEO on Health Care
10/06/2009|Closing Bell
Former Medtronic CEO Bill George says taxing innovation is a terrible idea.
For Consumers, It's Quality over Price
10/01/2009|Web Exclusive
Despite the weak economy, families are still sticking with their name-brand brands.
Shareholder's Take on Lewis Resignation
10/01/2009|Closing Bell
Finger Interest's Managing Partner Jonathan Finger on the future of Bank of America.
Bank of America's CEO to Retire
10/01/2009|FOX Business
FBN's Liz MacDonald on Ken Lewis' decision to resign by the end of the year.
Bove: Lewis is a Major Loss for BofA
10/01/2009|Web Exclusive
Rochdale Securities Analyst Richard Bove on how Bank of America CEO Ken Lewis' retirement will impact the bank's outlook.
Dick Bove on Lewis's Retirement
09/30/2009|Cavuto
Dick Bove of Rochdale Securities on what fueled the Bank of America CEO's retirement announcement.
Congress to Investigate Moody's, SEC Lapse
09/30/2009|FOX Business
Rep. Darrell Issa on a Fmr. Moody's exec. testifying about the SEC's alleged lack of surveillance.
Fed Reserve to Take Tough Stance on Bank Pay
09/18/2009|FOX BusinessLATEST STORIES
Same as the Old Boss? Bove Says Lewis May Stick Around
| FOXBusiness| Markets
cheerleader for Lewis, arguing that the controversial merger with brokerage giant Merrill and the bank’s takeover of Countrywide have been beneficial to shareholders and that Lewis was “hounded out of his position on the wrong issue.” In calling
Story|11/20/2009
The BofA Head Fake « Emac's Stock Watch
Emac's Stock Watch
because they had a securities brokerage. BA did not need Countrywide because they were a bank and had a mortgage business. But ..... Lewis jumped in and bailed govco out of mess by taking over Countrywide and Merrill and now govco is sticking it to B of A. I think
Blog|11/17/2009
SEIU Goes After Goldman Sachs – Why Not Fannie Mae or Congress? « The Brian Sullivan Blog
The Brian Sullivan Blog
largest subprime mortgage lenders in 2005 were: Ameriquest - closed & sold H&R Block - unit sold New Century - bankrupt Countrywide - now part of Bank of America HSBC - based in London National City - sold in distress to PNC Bank Fremont General - bankrupt
Blog|11/13/2009
Dodd To Release Financial Reform Package Tuesday
| FOXBusiness| Markets
Dodd has been criticized for being too cozy with the financial services industry – he received a mortgage from Countrywide Financial under its “VIP” program, for example, though he was investigated and cleared by the Senate Ethics Committee
Story|11/09/2009
BofA Subpoenaed Over Countrywide VIP Program
| FOXBusiness| Markets
Isherwood FOXBusiness Lawmakers have subpoenaed Countrywide Financial , an arm of Bank of America (BAC), for records ..... government officials." Bank of America purchased Countrywide last year for $2.5 billion after the company
Story|10/23/2009
U.S. Home Rescue Plan Delaying, Not Solving Crisis
Reuters| Other Stories
seeing with that program." Raoul Godinez, 78, and his wife Maria, 83, refinanced their mortgage at $500,000 with Countrywide -- another failing bank bought by Bank of America Corp -- for an investment that turned sour. Their modified 10-year
Story|10/13/2009
An illustrated century of scams and settlements from BofA, JPM, WFC, etc « The Cody Word
The Cody Word
as part of its purchase of Countrywide Financial Corp. in July. The program ..... has joined a settlement with Countrywide Financial Corp. that makes available ..... America Corp., which acquired Countrywide last year and ... From Pa
Blog|10/07/2009
It Was Ken Lewis Who Tried to Bully Uncle Sam « Emac's Stock Watch
Emac's Stock Watch
To disastrous consequences. Yes eventually Merrill and Countrywide will eventually add to the bank’s bottom line, and yes it extends ..... MBNA Corp., LaSalle Bank of Chicago, US Trust and Countrywide . But, BofA lately has been papering over its profit holes with one
Blog|10/01/2009
Congress Debates Merits of Consumer Protection Agency
| FOXBusiness| Markets
over their heads, leading to the subprime crisis, and regulators stood by idly. Mortgage companies such as Countrywide Financial , now a unit of Bank of America (BAC), lowered its lending standards to make it easier for consumers to buy
Story|09/30/2009
Company Insiders Selling Into Rally
| FOXBusiness| Markets
Securities and Exchange Commission tends to watch insider selling fairly closely. For example, former CEO of Countrywide Financial Angelo Mozilo was charged by the SEC with insider trading, despite being a part of a 10b5-1 plan. “If top
Story|09/25/2009