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 , , , , , | Leave a comment

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 , , , , | Leave a comment

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 , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , | 1 Comment

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

Posted in Bankruptcy Law | Tagged , , | Leave a comment