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Countrywide

States, banks reach foreclosure-abuse settlement

Submitted by WWAY on Thu, 02/09/2012 - 1:23pm.READ MORE:
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North Carolina communities will benefit from millions of dollars to help struggling homeowners facing foreclosure, as well as more housing counselors, financial fraud investigators and prosecutors, and stronger mortgage standards. Full story...
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Bank of America in $8.5B mortgage settlement

Submitted by WWAY on Wed, 06/29/2011 - 9:03am.READ MORE:
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Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. Full story...
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