Countrywide settles FTC charges for $108 million (Reuters)

Reuters – Countrywide Financial Corp, the mortgage lender that became synonymous with risky lending practices, has agreed to pay $108 million to settle government charges that two Countrywide mortgage servicing companies misled and overcharged consumers.

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NY pension fund: $600M settlement with Countrywide (AP)

AP – New York pension fund officials said Friday they’ve reached a proposed $600 million settlement of securities fraud allegations against mortgage lender Countrywide Financial Corp.

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NY pension fund: $600M settlement with Countrywide (AP)

AP – New York pension fund officials said Friday they’ve reached a proposed $600 million settlement of securities fraud allegations against mortgage lender Countrywide Financial Corp.

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NY pension fund: $600M settlement with Countrywide (AP)

AP – New York pension fund officials said Friday they’ve reached a proposed $600 million settlement of securities fraud allegations against mortgage lender Countrywide Financial Corp.

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NY pension fund: $600M settlement with Countrywide (AP)

AP – New York pension fund officials said Friday they’ve reached a proposed $600 million settlement of securities fraud allegations against mortgage lender Countrywide Financial Corp.

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BofA’s Countrywide in $624 million lawsuit settlement (Reuters)

Reuters – Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp , has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors about its lending practices.

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BofA’s Countrywide in $624 million lawsuit settlement (Reuters)

Reuters – Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp , has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors about its lending practices.

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BofA’s Countrywide in $624 million lawsuit settlement (Reuters)

Reuters – Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp , has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors about its lending practices.

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British house prices rise 1 percent in April (AP)

AP – Average house prices in Britain rose 1 percent from March to April, pushing the average sale price 10.5 percent higher than a year earlier, a major mortgage lender said Thursday.

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Panel says regulators sparred while WaMu burned (Reuters)

Reuters – In the summer of 2008, just months before giant mortgage lender Washington Mutual Bank flamed out and became the biggest bank failure in U.S. history, the thrift’s regulators were squabbling over its financial condition.

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