Finance / CFC (COUNTRYWIDE FINANCIAL CP)

  Recs: 0 Re: What we have here.... Gov. at work..oh brother. (harp) Last week government made a deal to change the mortgages to no more than 38% LTV plus some other things to help "homeowners to stay in their homes". A little detail: servicers will be paid $800 for every loan they modify. I suddenly imagined Countrywide Financial (currently BAC) is servicing $1.4 Trillion ...

  Recs: 0 Countrywide debt Wish i would have bought that CFC-A back when it was $7.00. Good move to those that did...........................Xot Banks BofA Assumes Countrywide Debt 11/10/08 - 12:34 PM EST , BAC , MER   Laurie Kulikowski Bank of ...

  Recs: 1 Re: Humble Pie Time and let's not forget fund managers like Bill Miller... from Fortune online: http://money.cnn.com/2008/03/05/news/newsmakers/la shinsky_miller.fortune/index.htm March 6, 2008: 5:43 AM EST Email | Print     Type Size      Bill Miller fights back The famed investor's flagship fund has a two-year losing...

  Recs: 0 Re: CSPAN shocking 2005 congressional video on FANNIE/FREDDIE and our Housing Economy. I always thought Frank and Dodd MUST go to jail. In the sping of 2007 when the collapse of subprime lenders spreaded I made a decent research on Countrywide Financial loans made in Illinois. It is obvious they were not the major lender in that state, but as a professional I have ...

  Recs: 0 Re: Keeping Score retirein2019.......  "Actaully, it's not money that BAC has to set aside at all. That is how much BAC has committed to re-working loans for people in trouble. Turning default loans into paying loans, while maybe a little painful up front, means higher income over the long run."   The cost and any resulting benefits of this program have not ...

  Recs: 2 Re: Where's the oldest guy on Wall Street putting his money? Here's an interview done with Glickenhaus in September 2005.....note some of his stock picks then.... What the World Needs Now Interview with Seth Glickenhaus,  Founder, Glickenhaus & Co. By SANDRA WARD   THE READERS WERE RESTLESS. Summer's nearly over, and yet we hadn't ...

  Recs: 1 Bank of America in $8.6-billion settlement a.k.a CFC Bank of America in $8.6-billion settlement Reuters October 6, 2008 at 6:53 AM EDT Bank of America [BAC-N] has agreed to settle claims brought by U.S. state attorneys-general regarding certain risky loans originated by Countrywide Financial Corp., it said on Monday, in a deal that ...

Quote: your principal. According to Businessweek, more than 1.3 million clueless borrowers have taken out US$466 billion worth of these mortgages in the past two years. Only in a bubble would lending large sums of money to people who can’t pay it back seem like a good idea. • The Bush administration continues to run enormous deficits, shattering records ...

here it is...part of the story anyway SEC filing shows Angelo Mozilo was paid $10.8 million in compensation and realized $121.5 million in stock options last year, when lender was slammed by housing crisis. CALABASAS, Calif. (AP) -- A securities filing shows Countrywide Financial Corp. CEO Angelo Mozilo earned about $10.8 million in ...