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Countrywide Financial Corp Lawsuit


Served with Two Lawsuits


Countrywide Financial Corp Sued by Attorney Generals in Illinois and California

Countrywide Set To Merge With Bank of America

Countrywide Financial has been served with two lawsuits, and more may be coming, with Arizona completing an investigation into the company. Countrywide is set to merge with Bank of America following a shareholders' meeting on Thursday.

On June 25, Attorney General officials in Illinois and California filed lawsuits against the country's largest mortgage lender. The lawsuit filed by Ilinois alleges Countrywide violated the state's consumer protection statutes by making unaffordable loans and failing to make adequate disclosures to borrowers. In California, the suit alleges that Countrywide violated the state's unfair business practices and false advertising laws to market and originate sometimes-risky mortgages.

JUN-26-08: Countrywide Financial hit with lawsuits as shareholders approve merger [BIZJOURNAL: COUNTRYWIDE FINANCIAL CORP]

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How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...

Protection from damages from Internet advertising fraud for owners of an Incorporated company?
The "corporate veil" that ordinarily protects business owners and managers from ...

Does a Chapter 7 bankruptcy discharge a secured mortgage loan?
Yes if you file they cannot sue you to the knowledge I know. My brother is in re...

Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...

I have a collection account on my credit report which states a later "account opened" date than the original creditor's default date on the very same report. What should I do? Do not want to file for bankruptcy.
You might consider contesting the account problem in question. If you call the c...


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