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Is Countrywide Financial Headed for Bankruptcy?

Christopher Whalen submits: Well the first days are the hardest days, Don't you worry any more, 'Cause when life looks like easy Street, there is danger at your door... - "Uncle John's Band", The Grateful Dead Complete Story »

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Calif. groups seek moratorium on Countrywide foreclosures

Two California community groups are urging the state's attorney general to place a moratorium on mortgage foreclosures by Countrywide Financial Corp. (BAC)

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Calif. groups seek moratorium on Countrywide foreclosures

Two California community groups are urging the state’s attorney general to place a moratorium on mortgage foreclosures by Countrywide Financial Corp. (BAC)

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Countrywide: Dogs Howling Over Bare Bones

Michael Shedlock submits: The marriage between Bank of America (BAC) and Countrywide Financial (CFC) was supposed to stave off bankruptcy of Countrywide. It might not work out that way. Let's put together some pieces starting with the Bloomberg report BNY Mellon, Citigroup, JPMorgan, Ambac in Court News . Bank of New York Mellon Corp., the world's largest custodian of financial assets, sued Bank of...

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Connecticut Files Suit Against Countrywide

Connecticut Attorney General Richard Blumenthal has sued Bank of America's Countrywide Financial for allegedly deceptive lending practices.

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Connecticut Sues Countrywide Over Lending Practices

HARTFORD, Conn. (AP) -- Connecticut sued Countrywide Financial Corp. on Wednesday, becoming the latest state to take the mortgage lender to court over its lending practices.

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Consumer groups urge Brown to stop foreclosures on Countrywide loans

The California Reinvestment Coalition and the Greenlining Institute urged California Attorney General Jerry Brown enact an immediate moratorium on foreclosures on loans made by Countrywide Financial Corp., now part of Bank of America Corp.

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Consumer groups urge California AG to stop foreclosures on Countrywide loans

The California Reinvestment Coalition and the Greenlining Institute urged California Attorney General Jerry Brown enact an immediate moratorium on foreclosures on loans made by Countrywide Financial Corp., now part of Bank of America Corp.

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Consumer groups urge Calif. AG to stop foreclosures on Countrywide loans

The California Reinvestment Coalition and the Greenlining Institute urged California Attorney General Jerry Brown enact an immediate moratorium on foreclosures on loans made by Countrywide Financial Corp., now part of Bank of America Corp.

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Connecticut sues Countrywide for lending practices, loans

Conncticut sued Countrywide Financial, who was blamed for fueling the U.S. housing bubble with loose lending practices, for ...

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Conn. sues Countrywide over lending practices

Connecticut Attorney General Richard Blumenthal said Wednesday the state is suing Countrywide Financial Corp., alleging it misled borrowers into taking on risky home loans they could not afford.

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Conn. sues Countrywide over lending practices

Connecticut Attorney General Richard Blumenthal says the state is suing Countrywide Financial Corp., alleging it misled borrowers into taking on risky home loans they could not afford.

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Conn. sues Countrywide over lending practices

Connecticut Attorney General Richard Blumenthal says the state is suing Countrywide Financial Corp., alleging it misled borrowers into taking on risky home loans they could not afford.

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Conn. sues Countrywide over lending practices

Connecticut Attorney General Richard Blumenthal says the state is suing Countrywide Financial Corp., alleging it misled borrowers into taking on risky home loans they could not afford. Blumenthal announced the lawsuit Wednesday. He alleges the mortgage giant...

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UPDATE 2-Countrywide sued by Connecticut over loans, fees

NEW YORK, Aug 6 (Reuters) - Countrywide Financial Corp, widely blamed for fueling the U.S. housing boom and subsequent bust with loose lending practices, was sued by Connecticut for steering customers into mortgages they couldn't afford, and charging excessive legal fees to borrowers in default.