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Legal News

: JURIST - The Paper Chase

Countrywide Financial under securities fraud investigation: report

By Bernard Hibbitts (editor) and University of Pittsburgh School of Law students.

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[JURIST] The US Department of Justice and the Federal Bureau of Investigation (FBI) [official websites] have launched a criminal investigation into troubled mortgage lender Countrywide Financial [corporate website], according to a New York Times report Sunday. Federal authorities are investigating whether Countrywide criminally misrepresented its financial condition. The FBI is also cooperating

Full post as published by JURIST - The Paper Chase on March 10, 2008 (boomark / email).

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