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Tag Archives: Countrywide
Countrywide Financial Fabricated Documents in Foreclosure Case
Countrywide Financial Corporation, formerly one of the nations biggest subprime lenders, has admitted to fabricating documents in a Pennsylvania womans bankruptcy case. The implementation of the so-called recreated letters took bankruptcy attorneys and judges by surprise. Read more detail on … Continue reading
Posted in Bankruptcy Law
Tagged case, Countrywide, Documents, Fabricated, Financial, Foreclosure
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Protestors Demand Foreclosure Relief from Countrywide
California homeowners protested outside the offices of Countrywide Financial this week, demanding a moratorium on foreclosure proceedings and increased efforts at mortgage loan-modification. Read more detail on Legal News Directory – Bankruptcy Law
Posted in Bankruptcy Law
Tagged Countrywide, Demand, Foreclosure, Protestors, relief
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Ninth Circuit Throws Out Challenge to MERS for Failure to State Injury or Misinformation – Cervantes v. Countrywide
As Chino foreclosure defense lawyers, we've blogged before about the use of MERS, or the Mortgage Electronic Registration System, in the mortgage industry. MERS is a private company that mortgage lenders use to track ownership of loans; it allows lenders … Continue reading
Posted in Bankruptcy Law
Tagged Cervantes, challenge, Circuit, Countrywide, Failure, Injury, MERS, Misinformation, Ninth, state, Throws
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Chapter 13 Debtor May Avoid Lien Created by State Court Judgment on Manufactured Home – Dickson v. Countrywide Home Loans
Our Riverside County foreclosure defense attorneys were interested to see an appeals court decision affirming a victory for a mortgage borrower who sought to strip off a lien on her manufactured home. In Dickson v. Countrywide Home Loans, Countrywide unsuccessfully … Continue reading
Posted in Bankruptcy Law
Tagged Avoid, chapter, Countrywide, Court, Created, debtor, Dickson, Home, Judgment, Lien, Loans, Manufactured, state
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Countrywide Ex-CEO Settles
In October 2010, the Securities and Exchange Commission (SEC) announced that Angelo Mozilo, the former CEO of Countrywide Financial, agreed to pay a $22.5 million civil penalty and disgorge $45 million of gains to settle SEC disclosure and insider trading … Continue reading