A year ago, Countrywide Financial Corp. Chairman and Chief Executive Angelo R. Mozilo was boasting that the looming shakeout in home prices and hike in mortgage interest rates would usher in a period ...

COMMENTARY Bank of America will pay $335 million to settle federal allegations that its Countrywide unit discriminated against minorities in the years leading up to the housing crash. Does the ...

According to a press release issued today, The Federal Trade Commission (FTC) plans to return nearly $108 million to more than 450,000 homeowners who were overcharged by Countrywide, a unit of Bank of ...

More than a decade has passed since the financial crisis that caused the United States economy to crumble. One of its victims, the housing market, is still struggling to get stronger. "I'd say that ...

Angelo Mozilo became a symbol for all that went wrong with the home market. June 4, 2009— -- The Securities & Exchange Commission announced today it will charge former Countrywide CEO Angelo ...

As Countrywide Financial Corp. shareholders voted Wednesday to ratify the company’s sale, ending an era for the mortgage industry, California sued the No. 1 home lender in a broad condemnation of its ...

We expected that the lead story of this week would be the Congressional testimony of Countrywide Mortgage CEO Angelo Mozilo and other mortgage company executives about their high levels of ...

— -- The acquisition of Countrywide, now a symbol of the excess in the mortgage market that fueled the real estate bubble, catapults Bank of America from the No. 5 mortgage lender to No. 1. With ...