News on Countrywide Financial Corporation

Bank of America posts loss on public aid repayment

2010-10-13T14:52:55Z

Bank of America said Wednesday it posted a loss of 194 million dollars in the fourth quarter of 2009, and that repayments of government aid boosted the loss for shareholders to 5.2 billion dollars.

For all of 2009, the largest US bank by assets had a profit of 6.3 billion dollars, but for shareholders the results were a loss of 2.2 billion ...

Republican demands BofA-Countrywide loan emails

2010-06-25T21:52:09Z

WASHINGTON (Reuters) - Bank of America has a Wednesday deadline to disclose any special mortgage terms the bank's Countrywide Financial unit gave to politically influential customers over an eight-year period, a senior Republican said on Tues...

Treasury completes $29.8B boost to AIG rescue

2010-04-16T14:38:00Z

Treasury completes $29.8 billion boost to AIG rescue; adds companies to mortgage relief plan

The government has completed the transaction providing nearly $30 billion more in support to American International Group Inc., minus $165 million in bonus payments.

The Treasury De...

Cleaning Crew

2010-10-21T09:57:39Z

...

Stocks Fall on Global Turmoil

2010-10-23T18:48:12Z

...

Schumer Urges Probe Into Countrywide's Borrowing; Shares Tumble

2010-10-16T19:27:48Z

...

Executive Pay

2010-06-26T03:21:16Z

From left, former Merrill Lynch Chief Executive Officer E. Stanley O'Neal, John Finnegan, Chair of Management Development and Compensation Committee for Merrill Lynch, and Angelo Mozilo, founder and former chief executive offi...

Congress Full Disclosure

2010-06-26T03:21:36Z

FILE - In a Jan. 8 2009, file photo Senate Budget Committee Chairman Sen. Kent Conrad, D-N.D., speaks during a news conference,on Capitol Hill in Washington. In the government financial disclosure reports that Congress is expected to release Friday, June 12, 2009, lawmakers can still keep important information private. Conrad,...