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Close Topic OptionsCountrywide Financial Corp.
Countrywide Financial Corp - Politics, Business, Civil, History - Posted: 6th Oct, 2008 - 4:29pm
Posts: 6 - Views: 965
Subprime mortgage lender
Post Date: 9th Sep, 2007 - 10:35am / Post ID: #
NOTE: News [?]
Countrywide Financial Corp.
COUNTRYWIDE PLANS TO SLASH UP TO 12,000 JOBS
Troubled subprime mortgage lender Countrywide Financial Corp. plans to slash as many as 12,000 jobs over the next three months, according to company statement released late Friday.
Ref. https://money.cnn.com/2007/09/07/real_estat..._cuts/index.htm
Sponsored Links:
Post Date: 30th Apr, 2008 - 3:35am / Post ID: #
NOTE: News [?]
Corp Financial Countrywide
Another Loss for Countrywide
Countrywide Financial Corporation logged in on Tuesday with its third consecutive quarterly loss due to a sharp increase it its provision for loan losses. On Tuesday the Nashville Business Journal reported that Bank of America is planning to modify or otherwise work out some 265,000 Countrywide loans, allowing those customers to stay in their homes.
Ref. https://www.mortgagenewsdaily.com/4292008_C..._of_America.asp
Post Date: 16th Jun, 2008 - 7:23pm / Post ID: #
NOTE: News [?]
Countrywide Financial Corp. History & Civil Business Politics
Two Senators Appear to be "Friends of Countrywide"
The loud "thud" you just heard over in the corner of the Senate hearing room was Senator Chris Dodd's vice presidential hopes hitting the wall. The Senator was the second major political figure caught up in and possibly brought down by various aspects of the mortgage mess in general and Countrywide Financial in particular.
Ref. https://www.mortgagenewsdaily.com/6162008_F...s_of_Mozilo.asp
Corp Financial Countrywide
Just read the last line and think about it for a fraction of a second...
| QUOTE |
| Ethics Committee Examining Countrywide Loans to Senators by Paul Kiel - June 17, 2008 5:12 pm EDT Sens. Kent Conrad and Chris Dodd (wdcpix.com)First, Conrad says that he's begun "talking to the Ethics Committee" after a D.C. watchdog filed a complaint Friday. The panel does not comment on investigations, but it's a sign that at least a preliminary inquiry is under way. Second, Dodd spoke to reporters for the first time since the story broke last Friday. Up until today, he'd only responded with a brief statement. Dodd again denied that he'd sought or knew he was receiving any special treatment. At the same time, he said today ($) that he'd been told in 2003 he'd been designated a V.I.P. account. He never asked what that meant, he said, but assumed it was a normal status bestowed on Countrywide customers who had an additional mortgage with the company. Conrad has said that he'd personally called Countrywide CEO Angelo Mozilo to inquire about obtaining a mortgage, but did not expect or notice any special treatment. https://www.propublica.org/article/ethics-c...o-senators-617/ |
Mr Conrad...SHUT UP...you are embarrasing yourself and making a mockery out of the people that put you into office. You called the CEO and didnt expect or notice any special treatment. Then call the toll free number and talk to Judy the customer service rep. Of course you called the CEO for special treatment. Personally, unless they GAVE you a house or a non-repayable loan, I dont care, but dont insult my intelligence.
Mr Dodd...everyone gets a VIP account. What planet are you from?
International Level: International Guru / Political Participation: 863 
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Post Date: 19th Jun, 2008 - 2:27pm / Post ID: #
Corp Financial Countrywide
I wonder if I called the CEO of country wide if she would even speak to me. A VIP account? What is that? I have had country wide as the holder of my mortgage for over 5 years and I have not heard of that. I do not even have the CEOs phone number to call. I looked on my statement I do not see her number there either.
Post Date: 6th Oct, 2008 - 4:29pm / Post ID: #
NOTE: News [?]
Countrywide Financial Corp.
Countrywide Customers to Get Foreclosure Assistance
In a sweeping deal that could be worth more than $8.4 billion, Bank of America Corp. has agreed to settle claims brought by state Attorneys General regarding certain risky loans originated by Countrywide Financial Corp.? The move will diffuse some of the legal problems Bank of America inherited with its purchase of Countrywide Financial Corporation last July.
Ref. Source 9
TOPIC: Countrywide Financial Corp.