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...(Financial Times) China’s June new home prices rose in all but one city, in the latest official survey of 70 cities....
...Annual results released yesterday passed without direct mention of plans for the home loans unit. At a conference last month, Mr Moynihan said only: “We look at all options for Countrywide.”...
...The Mortgage Loans Were Underwritten to Countrywide Home Loans’s Standards for Credit Blemished Mortgage Loans....
...This comes on top of a report last week, also from Bloomberg, that the Federal Home Loan Bank of Chicago had sued Bank of America for not having disclosed its relaxed mortgage underwriting standards to investors...
...Countrywide Home Loans Servicing LP, et al is ostensibly brought on behalf of a class of purchasers of certain mortgage pass-through certificates for which CWALT, Inc. and various issuing trusts filed registration...
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