Federal officials and banks dealing with the subprime mortgage mess helped create the “zombie” mortgages crisis ...

The Countrywide plan, which is aimed at borrowers with subprime mortgages or pay-option adjustable-rate home loans, known as option ARMs, would temporarily cut interest rates on some loans to as low ...

Sandor Samuels has, quite possibly, the least enviable in-house legal job right now in corporate America. As general counsel and litigation chief of embattled mortgage lender Countrywide Financial ...

CHICAGO (CN) - The Illinois attorney general says Countrywide Home Loans discriminated against black and Latino borrowers, steering them into risky subprime loans more often than similarly situated ...

We expected that the lead story of this week would be the Congressional testimony of Countrywide Mortgage CEO Angelo Mozilo and other mortgage company executives about their high levels of ...

As expected, Bank of America Corp. on Monday officially dropped the Countrywide Home Loans name from its Calabasas mortgage and home equity lending operations, which it acquired last year after ...

Two Countrywide mortgage servicing companies will pay $108 million to settle Federal Trade Commission charges that they collected excessive fees from borrowers. The settlement is one of the largest ...

The mortgage company Countrywide Financial used a VIP program to give preferential treatment to members of Congress, Capitol Hill staffers and senior government officials, according to a report ...

Scorned borrowers await word on if they'll get cash from $108M govt. settlement. June 8, 2010 — -- Rochelle Gear thought falling behind on her adjustable-rate mortgage was bad enough. But it got ...

The Securities and Exchange Commission has filed civil fraud charges against Angelo Mozilo, head of the Countrywide Financial mortgage firm, for misleading investors about the company's lending ...

Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride ...