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Countrywide Financial

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LATEST VIDEOS

Should Obama Back Dodd?

10/23/2009|FOX Business

Should Obama Back Dodd?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

Congress: The Real Predatory Lenders?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

Fmr. Medtronic CEO on Health CareFormer Medtronic CEO Bill George says taxing innovation is a terrible idea.

For Consumers, It's Quality over Price

10/01/2009|Web Exclusive

For Consumers, It's Quality over PriceDespite the weak economy, families are still sticking with their name-brand brands.

Shareholder's Take on Lewis Resignation

10/01/2009|Closing Bell

Shareholder's Take on Lewis ResignationFinger 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

Bank of America's CEO to RetireFBN'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

Bove: Lewis is a Major Loss for BofARochdale 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 on Lewis's RetirementDick 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

Congress to Investigate Moody's, SEC LapseRep. 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 Business

Fed Reserve to Take Tough Stance on Bank PayFBN's Liz MacDonald on regulating bank compensation.

LATEST STORIES

Same as the Old Boss? Bove Says Lewis May Stick Around

By By Darryl R. Isherwood| 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

By Peter Barnes, Senior Washington Correspondent| 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

By Darryl R. Isherwood| 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

By Dunstan Prial| 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

By Ken Sweet| 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