Real Estate, Countrywide | featured news

(Image from article: "450,000 to Get Payments in Countrywide Settlement")

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U.S. sues BofA, calling loan fraud 'brazen'

The $1-billion civil suit alleges that BofA's Countrywide fraudulently deceived mortgage finance giants Fannie Mae and Freddie Mac into believing the company's risky loans were safe and sound.

450,000 to Get Payments in Countrywide Settlement

Countrywide Home Loans agreed to pay borrowers $108 million for charging excessive fees when they fell behind on their mortgages.

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BofA's Countrywide sued, accused of massive fraud

Bank of America Corp's Countrywide mortgage unit has been sued by investors claiming they were victimized in a "massive fraud" when they bought mortgage-backed securities.

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