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Florida's attorney general is investigating Countrywide Financial Corp., a beleaguered California-based mortgage lender, for possible unfair and deceptive business practices related to its home loans. ...more
February 1, 2008
Countrywide Financial Corp. says Manatee, Sarasota and Charlotte counties are among the riskiest communities nationwide in which to make mortgage loans. ...more
January 30, 2008
A fourth-quarter $422 million loss reported by Countrywide Financial Corp. on Tuesday did not appear to scare off Bank of America. ...more
January 30, 2008
after propping it up with $2 billion in August - to become the nation's largest mortgage lender. ...more
January 12, 2008
In a career defined by blockbuster deals, Bank of America chief executive Ken Lewis has taken his biggest gamble yet with an attempt to rescue the country's biggest mortgage lender, Countrywide Financial. ...more
January 12, 2008
The bank branch on the corner might be changing names - again. Get set for the next wave of consolidation that could sweep through the nation's banking industry this year. Chief executives at some of the top regional players might be mulling deals to salvage businesses pummeled by the subprime mortgage market's collapse. ...more
January 12, 2008
Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed payments on home loans rose last month, signaling worsening trouble for the nation's largest mortgage lender and the entire mortgage sector. ...more
January 10, 2008
The CEO of Fannie Mae, the largest financer and guarantor of U.S. home loans, predicted Tuesday that the housing market downturn is likely to persist into 2010. ...more
January 9, 2008
Shares of Countrywide Financial Corp., the nation's largest mortgage lender, sank to an all-time low Tuesday as a major home builder offered a grim outlook for the industry and amid signals that the Bush administration is growing more concerned about rising mortgage defaults. ...more
January 9, 2008
The CEO of the country's biggest mortgage lender says greater government intervention is needed to rescue the U.S. housing market as his peers warn the worst is yet to come. ...more
December 4, 2007
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