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: Securities Law Prof Blog

Countrywide's CEO Does Well

By Securites Lawprof

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Countrywide Financial's CEO Angelo Mazilo made $121.5 million in 2007 from exercising stock options under a Rule 10b5-1 plan. He also received $22.1 million in compensation -- $1.9 million in salary, $20 million in stock and option awards, no bonus....

Full post as published by Securities Law Prof Blog on April 25, 2008 (boomark / email).

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Lawsuits and Settlements

Countrywide Financial Corp
Served with Two Lawsuits

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

Countrywide
Faces Class Action over Strong-Arm Tactics used to Intimidate Appraisers

KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.

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