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California officials expand suit against Countrywide Financial / New allegations say company rewarded staff for risky loans

State officials expanded a previously filed lawsuit against Countrywide Financial Corp., adding allegations Thursday that the mortgage lender rewarded staff for selling risky loans. The new claims amended a lawsuit filed on June 20 by the California attorney...

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Grand jury investigating lenders, AP source says

LOS ANGELES | A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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California AG files UCL/FAL action against Countrywide

On June 24, 2008, California Attorney General Jerry Brown filed a UCL and FAL action against Countrywide Home Loans. People v. Countrywide Financial Corp., No. LC081846 (L.A. Super. Ct., filed June 25, 2008). Here is a copy of the complaint....

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SUBPRIME LENDERS GET SUBPOENAED

A federal grand jury is investigating subprime mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank, a person familiar with the situation told The Associated Press. Subpoenas seeking documents have...

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Grand jury investigating 3 lenders

A federal grand jury is investigating subprime mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank, a person familiar with the situation told The Associated Press on Thursday.

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Source: Federal grand jury probing banks

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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Grand jury issues subpoenas to three mortgage-lending companies

LOS ANGELES - A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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Failure Of Mortgage Lenders Scrutinized

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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Report: Grand jury investigating subprime lenders

A federal grand jury reportedly is investigating the nation's largest subprime mortgage lenders, Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank. Subpoenas have been issued in recent months to all three companies, seeking e-...

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Grand jury looking at subprime lenders / Subpoenas reportedly issued for documents from 3 Southern California institutions

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation said Thursday. Subpoenas seeking documents have been issued to all three companies,...

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U.S. grand jury probes subprime lenders

A U.S. federal grand jury reportedly is investigating the nation's largest subprime mortgage lenders, Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank.

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Grand jury investigating home lenders for fraud

LOS ANGELES | A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told the Associated Press on Thursday.

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San Diego suing Countrywide to block foreclosures

San Diego has filed a civil complaint asking a state court to block mortgage lender Countrywide Financial Corp. from foreclosing on subprime borrowers. Wednesday's filing in San Diego County Superior Court claims Countrywide engaged in predatory lending by...

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The veep question

... Banking Committee, he recently has had to explain why he got a special deal on his mortgage from Countrywide Financial Corp.Chuck Hagel ( Nebraska senator)Pros: As a Republican who opposed the war in Iraq, he would symbolize the kind of bipartisanship Obama is emphasizing.Cons: He could alienate Democrats who consider him too conservative on social issues like abortion.Tim Kaine (...

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Grand jury investigates subprime lenders

... rates: LOS ANGELES (AP) -- A federal grand jury is investigating subprime mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank, a person familiar with the situation told The Associated Press on Thursday.Subpoenas seeking documents have been issued to all three companies, according to the person, who was not authorized to speak publicly...