Court OKs $624 Million Payout To Countrywide Investors

LOS ANGELES - (AP) A federal judge on Friday approved a $624 million settlement in a lawsuit brought by several New York public pension funds against fallen mortgage giant Countrywide Financial Corp. The settlement, a version of which was had been originally hammered out last year, also calls for KPMG...

Bank Of America Hit With New Countrywide Lawsuit

NEW YORK - (AP) Bank of America Corp. is facing a new lawsuit filed by a group of shareholders of mortgage giant Countrywide Financial Corp. which the bank bought in 2008. The group of investors, which include BlackRock funds, T. Rowe Price Group Inc., TIAA-CREF and several pension funds. . . . Full...