Countrywide primarily operates in the home mortgage sector, and has recently experienced financial volatility due to the sub-prime house market
Countrywide News
- MarketWatch: Bank of America reportedly in 'advanced' talks to buy Countrywide (January 10, 2008)
- Bloomberg.com: Countrywide Rises on Bank of America Stock Purchase (August 23, 2007)
- MarketWatch: Countrywide shares rally on Bank of America's investment (August 23, 2007)
- CNNMoney: Countrywide Financial Begins Paring Staff (August 20, 2007)
- Official Website: Countrywide Financial
- Google News: Countrywide
Who is Angelo Mozilo? And why is the US suing him?(3 Answers)
A:
He's cofounder of Countrywide Financial, and he is being sued because he allegedly neglected to inform shareholders of the deterioration of lending standards.
Which banks are more likely to give credit to minorities?(1 Answer)
A:
I don’t know of any banks that can lawfully withhold financing based on race or gender. Not saying that this isn’t practiced, however it is unlawful ...
Has Dodd ever released his sweet heart loan details from CountryWide?(1 Answer)
A:
An internal "Loan Policy Analysis" of Dodd's mortgages shows that Countrywide's underwriting rules called for an interest rate of 4.875 percent on both loans, with ...
