| Personal Finance Headlines |
| Calif AG sues Countrywide over alleged loan scheme
(Reuters)
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| Reuters - California Attorney General Jerry
Brown sued Countrywide Financial Corp and two top
officers on Wednesday to stop the mortgage loan company from
allegedly perpetrating a scheme to "mass produce loans for sale
on the secondary market."
-- read full article |
| Wed, 25 Jun 2008 15:21:40 GMT - Yahoo! News: Personal Finance News |
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| Calif. attorney general sues Countrywide Financial
(AP)
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| AP - Countrywide Financial Corp. is accused of using misleading advertising and other unfair business practices to trick borrowers into taking on risky home loans they didn't fully understand in a lawsuit filed Wednesday by the California attorney general's office. -- read full article |
| Wed, 25 Jun 2008 16:58:01 GMT - Yahoo! News: Personal Finance News |
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| Countrywide sued for unfair lending; buyout approved
(Reuters)
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| Reuters - Countrywide Financial Corp was
sued for alleged deceptive mortgage lending by officials in its
home state of California and in Illinois on Wednesday, the same
day its shareholders approved the company's takeover by Bank of
America Corp .
-- read full article |
| Wed, 25 Jun 2008 18:39:22 GMT - Yahoo! News: Personal Finance News |
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| Kodak to buy back $1 billion in shares
(AP)
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| AP - Eastman Kodak Co. said Tuesday it is buying back up to $1 billion, or about a quarter, of its outstanding stock, by tapping a $581 million tax refund and a cash surplus the picture-taking pioneer has amassed since selling its health-imaging business early last year. -- read full article |
| Tue, 24 Jun 2008 20:34:54 GMT - Yahoo! News: Personal Finance News |
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| Ill. AG to sue Countrywide over lending practices
(AP)
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| AP - The nation's biggest mortgage lender engaged in "unfair and deceptive" practices to get homeowners to apply for risky mortgages far beyond their means, according to a civil lawsuit Illinois' attorney general planned to file Wednesday.
-- read full article |
| Wed, 25 Jun 2008 03:41:06 GMT - Yahoo! News: Personal Finance News |
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| Illinois to sue Countrywide and CEO Mozilo
(Reuters)
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| Reuters - The Illinois attorney general's office
plans to sue Countrywide Financial Corp and Chief
Executive Angelo Mozilo on Wednesday, claiming the troubled
mortgage lender engaged in deceptive trade practices.
-- read full article |
| Wed, 25 Jun 2008 04:27:38 GMT - Yahoo! News: Personal Finance News |
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| Senate housing rescue bill clears key test vote
(Reuters)
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| Reuters - U.S. Senate backers of a housing
bill that the White House opposes cleared a procedural hurdle
on Tuesday, moving toward expected passage of the measure that
would create a multi-billion dollar mortgage refinancing fund.
-- read full article |
| Tue, 24 Jun 2008 16:06:15 GMT - Yahoo! News: Personal Finance News |
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