B of A rebranding 'toxic' Countrywide lending operation (Los Angeles Times)
Story date: 2009-04-27 02:27:29
Added on: 2009-04-27 01:51:39
Bank of America is dropping the Countrywide name at mortgage offices nationwide after acquiring the Calabasas company linked with subprime loans. A few years ago, Countrywide Financial Corp. was not only the nation's biggest home lender but also highly regarded -- an "apple pie" company, as a former marketer for the Calabasas lender recalls.
Read more...
Related Stories:
-
2 states probe Countrywide home loans (Los Angeles Times)
The Calabasas lender says California and Illinois have issued subpoenas. The nation's No. 1 mortgage lender, Countrywide Financial Corp.,...
2007-12-13 04:35:31 -
Countrywide loses $1.2B, says it will be in the black in '08
USA Today - Calendar: What companies are reporting today? Can't find your company?: Put the name or ticker symbol of any company...
2007-10-26 03:10:00 -
2 states probe Countrywide home loans
Los Angeles Times - The nation's No. 1 mortgage lender, Countrywide Financial Corp., is under investigation by California Atty. Gen. Jerry Brown...
2007-12-13 10:31:00 -
FBI probes Countrywide for possible fraud
CNN Money - The probe will examine underwriting and mortgage origination practices, and whether the company misrepresented losses ... Calabasas, Calif.-based Countrywide...
2008-03-10 12:40:00 -
Countrywide to help subprime borrowers
Long Beach Press-Telegram - CALABASAS - Countrywide Financial Corp., the Calabasas-based mortgage-lending ... as the result of interest rate resets" may be...
2008-02-11 01:35:00 -
Countrywide loses $893 million in 1Q on rising loss reserve - Houston Chronicle
CALABASAS, Calif. — Countrywide Financial says it lost $893 million during the first quarter due to a sharp increase in its provision...
2008-04-29 06:29:00 -
BofA Makes More Changes After Dismal 3Q
Associated Press - In August, Bank of America invested $2 billion in Countrywide Financial Corp. - the biggest U.S. home lender -...
2007-10-29 01:52:00 -
Countrywide shares tumble, mortgage lender denies bankruptcy rumors
CNBC - Countrywide, like many in the mortgage industry, has suffered as more customers have defaulted on home loans, particularly on those...
2008-01-08 01:32:00