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: CL&P Blog

Countrywide settles predatory lending complaint

By Richard Alderman

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by Richard Alderman

Countrywide Financial Corp. has agreed to make loan modifications for about 395,000 mortgage holders and pay $150 million into a foreclosure relief fund to settle predatory lending complaints filed by various states. For more information, click here.

Full post as published by CL&P Blog on January 06, 2009 (boomark / email).

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Countrywide Financial Corp
Served with Two Lawsuits

Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act

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allegedly charged borrowers improper foreclosure fees.

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

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