Litigation

Recent Posts

California Settles Lawsuit Against Countrywide Executives
Posted on 4 Feb 2011 by LexisNexis Litigation Resource Community Staff

LOS ANGELES - (AP) The state of California has reached a settlement in a predatory lending lawsuit against former executives at Countrywide Financial Corp. that will pour $6.5 million into a fund to help foreclosed homeowners. The state had sued Countrywide... Read More

Bank Of America To Pay Borrowers $108 Million
Posted on 7 Jun 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago, collected outsized fees from borrowers facing foreclosure. It's the latest evidence of... Read More