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- Brown Rudnick Announces Settlement Reached in Lawsuit Regarding Countrywide's Series B Floating Rate Convertible Senior Debentures Due 2037
- Countrywide agrees to commence tender offer for the Debentures NEW YORK -- Brown Rudnick LLP, a premier international law firm, today announced that The Bank of New York Mellon (the "Trustee"), solely in its capacity as Indenture Trustee, and Countrywide Financial Corporation ("Countrywide") settled their ongoing litigation filed in...
- Research articles 2008-10-10
- Feds looking at countrywide
- The FBI has started a criminal investigation into Calabasas-based Countrywide Financial, the nation's largest mortgage lender, reported the Wall Street Journal on March 8. By March 9, other news outlets had independently confirmed an inquiry into whether Countrywide had misrepresented its financial condition. The FBI would not comment but...
- Research articles 2008-03-17
- On Deadline
- Countrywide’s Shares Continue To Fall CALABASAS, Calif.–Shares of Countrywide Financial Corp., the nation's largest mortgage lender, plunged last week after the company denied rumors that it was planning to file for bankruptcy protection. Countrywide shares, in a free-fall the past eight months, fell more than 28% yesterday to $5.47,...
- Research articles 2008-01-14
- Countrywide soars on report of takeover
- NEW YORK AFP — Shares of Countrywide Financial shares rallied Thursday after a report said Bank of America is in "advanced talks" to buy the troubled mortgage lender. The Wall Street Journal, citing two people familiar with the matter, said the two finance groups were in talks on a...
- Research articles 2008-01-10
- Rebuilding Together and Countrywide Volunteers Provide Home Improvements for Injured Soldier
- To: LIFESTYLES EDITORSContact: Becky Carter, Program Manager for Rebuilding Together, +1-202-302-1139; or Rick Simon, 1st VP of Corporate Communications for Countrywide, +1-800-796-8448 EL PASO, Texas, Nov. 17 /PRNewswire-USNewswire/ -- Rebuilding TogetherR, the nation's largest volunteer home rehabilitation organization, is providing modifications and repairs at the home of Operation Iraqi Freedom...
- Research articles 2007-11-17
- As Countrywide goes, so goes the industry
- Countrywide Financial Corporation, Calabasas, California, has gotten a tremendous amount of attention lately. The financial markets seem laser-focused on the company's every move. During periods in August and September, the markets were concerned about its viability. This is not the first time that the financial markets have been cruel to...
- Research articles 2007-11-01
- Criticism rains down on mortgage industry
- Chetera Miller, a credit counselor for Neighborhood Housing Services of Chicago, has noticed that lenders are becoming more willing to cut deals with delinquent borrowers. She's been able to help eight homeowners restructure their loans over the past few weeks. There's just one problem: That's only...
- Research articles 2007-10-23
- Countrywide slashes 500 jobs
- LOS ANGELES -- Countrywide Financial Corp., the nation's largest mortgage lender, said Monday it had eliminated about 500 jobs as it tries to ride out problems from a credit crunch that has rocked the home loan industry. The company said the cuts came in the subprime lending...
- Research articles 2007-08-21
- Countrywide Announces Operational Results for May 2007.
- M2 PRESSWIRE-12 June 2007-Morning Movers: Countrywide Announces Operational Results for May 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:12062007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Activity on...
- Research articles 2007-06-12
- Fitch Affirms Countrywide's IDR at 'A'; Outlook Stable
- NEW YORK -- Fitch Ratings has affirmed Countrywide Financial Corporation (NYSE: CFC) and related subsidiaries' long-term Issuer Default Ratings IDRs of 'A' and short-term Issuer Rating of 'F1'. Approximately $34.0 billion in debt and $57.5 billion in deposits are affected by this rating action. A complete list of ratings follows...
- Research articles 2007-05-30
- Countrywide Financial Corp. Added to Watch List.
- M2 PRESSWIRE-20 April 2007-bellwetherreport.com: Countrywide Financial Corp. Added to Watch ListC1994-2007 M2 COMMUNICATIONS LTD RDATE:20042007 Countrywide Financial gives credit where credit is due. One of the largest independent residential mortgage lending firms in the US, the company writes, sells, and services...
- Research articles 2007-04-20
- First USA, Countrywide Announce Partnership to Help Cardmembers Pay Down Their Mortgage Faster With New Rewards Card.
- M2 PRESSWIRE-29 March 2007-Early Watch: First USA, Countrywide Announce Partnership to Help Cardmembers Pay Down Their Mortgage Faster With New Rewards CardC1994-2007 M2 COMMUNICATIONS LTD RDATE:29032007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking...
- Research articles 2007-03-29
- BWR Begins Tracking Countrywide Financial Corp.
- M2 PRESSWIRE-28 March 2007-Blue Chip News: BWR Begins Tracking Countrywide Financial Corp.C1994-2007 M2 COMMUNICATIONS LTD RDATE:28032007 Countrywide Financial gives credit where credit is due. One of the largest independent residential mortgage lending firms in the US, the company writes, sells, and...
- Research articles 2007-03-28
- Qwoter.com reports on morning market activity March 12, 2007 & Pinksheets: VSHD.
- M2 PRESSWIRE-12 March 2007-Qwoter Wire: Qwoter.com reports on morning market activity March 12, 2007 & Pinksheets: VSHDC1994-2007 M2 COMMUNICATIONS LTD RDATE:12032007 Houston Texas - Qwoter.com morning market activity: 12:30 pm : The current standing of the indices reflects a...
- Research articles 2007-03-12
- BWR Begins Tracking Countrywide Financial Corp.
- M2 PRESSWIRE-26 February 2007-Blue Chip News: BWR Begins Tracking Countrywide Financial Corp.C1994-2007 M2 COMMUNICATIONS LTD RDATE:26022007 Countrywide Financial gives credit where credit is due. One of the largest independent residential mortgage lending firms in the US, the company writes, sells, and...
- Research articles 2007-02-26
- Countrywide's Mozilo as Train Wreck: Experts' Views
- Countrywide's Mozilo as Train Wreck: Experts' ViewsMazilo and BoardIt is my belief not to reward those who by their own deceit, greed, arrogance, and ineptitude unjustly benefit at the expense and suffering of so many. My view is if future offenders are to be stopped, Mazilo and his weenie...
- Discussion threads 2008-06-27
- Countrywide's Mozilo as Train Wreck: Experts' Views
- Angelo Mozilo fits central casting’s version of the modern CEO. Always tanned, his white hair contrasting against dark business suits, the co-founder and chief executive of Countrywide Financial has been powerful and domineering. Yet, his behavior and that of his board has led to what corporate governance experts believe is...
- Blog posts 2008-06-26
- 91 Community Groups Ask BofA to Halt Foreclosures of Countrywide Mortgages and Develop Plan to Address Victims of Countrywide's Unscrupulous Lending
- To: STATE EDITORS To: STATE EDITORS
- Research articles 2008-02-20
- Countrywide Bank Opening Four Offices
- Countrywide Bank Opening Four Offices: As the largest mortgage lender in the nation, Countrywide Financial Corp. has plenty of offices, but until this year its banking unit was absent in the county. Last month, Countrywide Bank, with $88 billion in total assets, opened an office in Mission Valley to...
- Research articles 2006-11-06
- Countrywide appoints Sambol as new president and COO
- Countrywide Financial Corporation, Calabasas, California, has appointed David Sambol as president and chief operating officer COO, replacing Stanford L. Kurland, who will leave the company. A 21-year veteran of Countrywide, Sambol most recently served as executive managing director of business segment operations and has led all revenue-generating functions of...
- Research articles 2006-10-01
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