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Criminal Law

: Crime & Federalism

More on the Chris Dodd-Countrywide Connection

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The Associated Press has this breaking news:WASHINGTON - Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation's largest lenders, the official who handled their loans has told Congress in secret testimony.Both senators have said that at the time the mortgages were being written they didn't know they were getting unique deals from Countrywide Financial Corp., the company that went on to lose billions of dollars on home loans to credit-strapped borrowers. Read the whole thing.

Full post as published by Crime & Federalism on July 27, 2009 (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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