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Showing results for Countrywide Securites Corp.
...Citizens were told they no longer needed to shelter, and by Monday night all restrictions on public gatherings would be lifted countrywide. But the country was still at war, with Hamas, if not Iran....
...A second scoop to start: Germany’s Bertelsmann is in pole position to buy Simon & Schuster, outbidding Rupert Murdoch’s News Corp to strengthen its position as the world’s biggest books publisher....
...executive (FT + Lex) Jean Pierre Mustier rules himself out of HSBC running (FT) Buffett stands by strategy of pouring cash into stocks (FT) Banks fear Ion/Broadway deal will push up forex fees (FT) Countrywide...
Record profitability is not shared evenly among industry’s leaders and their underlings
...Some 12 US states have raised the minimum age to 21, and Senate majority leader Mitch McConnell introduced a bill last week to raise the minimum smoking age countrywide to 21, because of a spike in the number...
...Brian Moynihan, the bank’s lugubrious chief executive, has said the key is “responsible growth,” stressing a determination to keep a lid on costs and avoid the kind of excesses that drove Countrywide and...
...What outsiders normally take it to mean is that the bank is trying not to trip up like it did a decade or so ago, when it bought Countrywide and Merrill Lynch....
...In 2007, the head of mortgage trading at UBS called a pool of mortgages it had bought from Countrywide “a bag of shit”, according to the lawsuit....
...The case relates to assessments of property values carried out by LandSafe, the appraisals arm of Countrywide, which BofA bought for a knockdown $2.5bn in January 2008....
...Canada plans to legalise the recreational use of cannabis this month, becoming the first developed market to do so on a countrywide basis, though the drug is available for recreational use across nine US...
...In a year when high street estate agents such as Countrywide and Foxtons have been warning of tough markets, it is likely to ensure ZPG’s shares maintain something of an air of superiority....
...Its $56bn in settlements with state and federal regulators and the DoJ cover its own mortgage sales and actions by two companies it acquired — subprime mortgage lender Countrywide and broker Merrill Lynch...
...BofA has paid tens of billions of dollars in legal settlements since the financial crisis, many of them relating to the troubled assets it picked up during its acquisitions of Countrywide and Merrill Lynch...
...Corporate earnings reports out today include Hugo Boss, Carrefour, Morrisons, Old Mutual, Domino’s, Countrywide, Premier Oil and Aviva....
...Lobbyists for the banks note that the institutions that fared the worst during the last crisis were monoline commercial banks such as Countrywide and Washington Mutual, and monoline investment banks like...
...A relatively cautious lending strategy is understandable at the company that acquired mortgage lender Countrywide Financial in 2008 and then dealt with the protracted and messy consequences....
...The jury found Countrywide liable for civil fraud. It also found that Rebecca Mairone, a former Countrywide executive and the only named defendant, was liable on a civil fraud charge....
...Yes, Countrywide Financial, later acquired by BofA, knew it was selling mortgages to government-sponsored enterprises that did not meet standards agreed in a contract....
...The email was sent while Goldman was preparing a security that was backed by Countrywide loans....
...Polygon Investors, the Anglo-US fund, blocked any number of buyouts in the noughties including property group Countrywide and Telent, the telecoms rump of Marconi....
...But their Wall Street dependence makes online lenders bear more than a passing resemblance to traditional finance companies such as Household and Countrywide Financial....
...Travel trade veteran Peter Long has popped up as chairman-in-waiting at estate agency Countrywide. He only stepped down as joint chief executive of holidays group Tui on Tuesday....
...First, litigation stemming from bad pre-crisis mortgage practices, particularly at Countrywide Financial, BofA’s disastrous 2008 acquisition along with the issue it inherited from another crisis-era deal...
...It said the separation in 2009 had been a crisis-era measure that was no longer appropriate as the bank had overcome a lot of the damage stemming from the acquisitions of Countrywide and Merrill Lynch....
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