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Loan Modification

: Loan Modification & Home Loan News

Countrywide settlement pays fraction to investors

By Moe Bedard

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Image via Wikipedia WASHINGTON ? Former shareholders of fallen mortgage giant Countrywide Financial Corp. are in line to recoup a fraction of their investments now that a Los Angeles judge has approved a settlement worth more than $600 million settlement. The payoff doesn’t come close to compensating for the money lost by investors. But it [...]

Full post as published by Loan Modification & Home Loan News on August 04, 2010 (boomark / email).

Lawsuits and Settlements

TouchPlay Lottery
Settles with Two More Investors

Countrywide Financial Corp
Served with Two Lawsuits

Nine Figure Settlement Approved in American Investors Life Insurance Class Action
Nine Figure Settlement Approved in American Investors Life Insurance Class Action

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

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

Parmalat SpA
Italy's biggest dairy company awaits final approval for a securities settlement that would pay investors $10.5 million

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