Countrywide Financial

The man who essentially forced some of the largest banks on the planet to the $25 billion mortgage settlement, received some $15 million himself. Kyle Lagow, an appraisal manager for Countrywide Financial Corp. from 2004 to 2008, claimed the company inflated the value of homes to support bigger loans. Bank of America Corp. bought Countrywide in 2008 as mortgage defaults soared.  

Just something to keep in mind.A former Countrywide Financial Corp. manager whose fraud suit contributed to the mortgage industry’s $25 billion settlement with federal and state regulators received about $14.5 million for his efforts, his lawyers said. Kyle Lagow, an appraisal manager for Countrywide from 2004 to 2008, claimed that Countrywide inflated the value of homes to support bigger loans, according to a statement today from Seattle...  

Countrywide financial services director and former Halifax Bank of Scotland Intermediary managing director Nigel Stockton is a non-executive director and Zurich Independent IFA founder Dawn Pearce-Herzberg is operations director. It has recruited former ...  

Countrywide financial services director and former Halifax Bank of Scotland Intermediary managing director Nigel Stockton is a non-executive director and Zurich Independent IFA founder Dawn Pearce-Herzberg is operations director. It has recruited former ...  

A federal judge on Tuesday rejected Bank of New York Mellon Corp.'s (BK) request to throw out an investor lawsuit related to its role overseeing mortgage-backed securities from the former Countrywide Financial Corp.  

MBIA has sued Countrywide Financial, accusing the lender of fraudulently inducing MBIA to insure 15 separate securitizations of residential mortgages sold between 2004-2007. Bank of America acquired Countrywide in 2008. Bank of America CEO ...  

Throughout Rookie Roosts Week, we'll be hearing from first-time homebuyers with tales both awesome and terrible. Got a first-time homebuying story? Hit us up at the tipline. Today: Countrywide Financial's "#1 Trashman" gives you advice on avoiding the foreclosure horrors...  

Law360, New York (May 24, 2012, 5:36 PM ET) -- A California judge denied Connecticut-based Putnam Bank's bid for class action certification in its suit against Countrywide Financial Corp. on Wednesday, marking a victory for the mortgage giant in one of the ...  

Eileen Foster beamed as she accepted an award at the National Press Club in Washington for blowing the whistle on mortgage fraud at Countrywide Financial but told the crowd she was deeply disappointed. Foster, who was fired from her position as head of mortgage fraud investigations for Countrywide after uncovering evidence of fraud and urging a [...]  

Judge Dismisses Some AIG Claims Against BofA Over Countrywide BondsWall Street JournalBy Christian Berthelsen and Serena Ng A federal judge dismissed several claims in an American International Group (AIG) lawsuit against Bank of America over mortgage-backed securities originated by Countrywide Financial, saying some of the insurer's ...and more »  

Fannie Mae refused to seek large amounts of mortgage repurchases from Countrywide Financial Corp. as housing began to crash, according to the former head of its regulator. James Lockhart, who led the Federal Housing Finance Agency until 2009 and ...  

Former Countrywide Financial Corp. chairman and chief executive Angelo R. Mozilo and his wife, Phyllis, have sold their house in Thousand Oaks for $2.9 million. Countrywide helped fuel the boom in risky subprime loans that led to the foreclosure ...  

WASHINGTON (Reuters) - Eileen Foster beamed as she accepted an award at the National Press Club in Washington for blowing the whistle on mortgage fraud at Countrywide Financial, but told the crowd she was deeply disappointed. Foster, who was fired from her position as head of mortgage fraud investigations for Countrywide after uncovering evidence of fraud and urging a wider inquiry, said not enough has changed in the U.S. financial system. ...  

(Reuters) - A federal judge rejected Bank of New York Mellon Corp's bid to dismiss a lawsuit by investors over its role as trustee for mortgage-backed securities that led to an $8.5 billion settlement by Bank of America Corp. U.S. District Judge William Pauley in Manhattan said on Tuesday that bondholders who invested in 26 trusts alleged to have contained risky mortgage loans from the former Countrywide Financial Corp may pursue claims...