countrywide: The Countrywide saga continues, BAC moves debt to "indirect unit" - 07/11/08 07:10 PM
According to the Sacramento Business Journal:
"Bank of America Corp. has moved Countrywide Financial Corp.'s debt to an indirect unit owned by the banking giant, leaving it unclear whether BofA will back Countrywide's huge debts.According to a filing this week with the Securities and Exchange Commission, Countrywide says Red Oak Merger … (9 comments)
countrywide: The states AG's pile on Countrywide - 06/26/08 01:03 AM
This morning, something happened many had a pretty good idea was in the works, the attorney generals for three states (California, Washington and Illinois) formally filed lawsuits against Countrywide for fraudulent or discrimatory lending practices. The filing of these lawsuit happened soon after Countrywide shareholders approved the planned acquisition by Bank … (19 comments)
countrywide: Bank of America's $160M peep show - 01/17/08 11:35 PM
Everybody here knows I like providing commentary on the financial train wreck that is Countrywide. As pretty much everyone knows and I wrote about Bank of America formally submitted an offer to purchase Countrywide and of course I was skeptical. The details of the agreement are now available, as they've been … (12 comments)
countrywide: Bank of America buying Countrywide? - 01/10/08 04:52 PM
Today there were several reports that came out in the main stream press that Bank of America is very close to completing a deal to acquire Countrywide, possibly as soon as tomorrow. This immediately popped their beaten down stock price by about 64%. My prediction when Countrywide took $2B in financing from … (26 comments)
countrywide: Tonight Countrywide dropped a bomb on the financial markets - 08/09/07 07:30 PM
I usually try to keep my commentary on the financial/housing markets out of my blog here on ActiveRain but tonight such a substantial bomb was dropped by Countrywide I had to make mention of it. For some, it has been a question of when the news would finally surface, not if. The fact … (20 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
According to the Sacramento Business Journal:
;)
;)
