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Loan Modification

: Mortgage Lender Implode-o-Meter

Settlement May Be Near in Countrywide Case

By Implode-Explode Heavy Industries

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"Talks over settling at least part of the securities fraud lawsuit filed by the Securities and Exchange Commission against three former executives of the Countrywide Financial Corporation have intensified, two people involved with the case said Thursday."

Full post as published by Mortgage Lender Implode-o-Meter on October 15, 2010 (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.

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

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

Murphy City, TX
$255,000 settlement in controversial pedophile news program case.

The Princeton Review
$2.6 million settlement reached in patent infringement case.

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