A year ago, Countrywide Financial Corp. Chairman and Chief Executive Angelo R. Mozilo was boasting that the looming shakeout in home prices and hike in mortgage interest rates would usher in a period ...

COMMENTARY Bank of America will pay $335 million to settle federal allegations that its Countrywide unit discriminated against minorities in the years leading up to the housing crash. Does the ...

According to a press release issued today, The Federal Trade Commission (FTC) plans to return nearly $108 million to more than 450,000 homeowners who were overcharged by Countrywide, a unit of Bank of ...

More than a decade has passed since the financial crisis that caused the United States economy to crumble. One of its victims, the housing market, is still struggling to get stronger. "I'd say that ...

Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride ...

As Countrywide Financial Corp. shareholders voted Wednesday to ratify the company’s sale, ending an era for the mortgage industry, California sued the No. 1 home lender in a broad condemnation of its ...

Countrywide Financial Corp.'s shareholders cleared the way Wednesday for the company to be taken over by Bank of America Corp., even as officials in two states filed lawsuits claiming the distressed ...

We expected that the lead story of this week would be the Congressional testimony of Countrywide Mortgage CEO Angelo Mozilo and other mortgage company executives about their high levels of ...