Countrywide Financial Corp.

As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...

It's long been a basic tenet of the business world: You give us more business, we'll reward your loyalty with better deals. That's how cable companies operate with their service packages. That's how phone companies work. And until now, that's pretty...

* AIG says misled over Countrywide securities * California judge rules in $10 billion case * Bank of America to defend against remaining claims By Jonathan Stempel May 7 (Reuters) - American International Group Inc may pursue a lawsuit accusing...

NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...

By Nate Raymond NEW YORK, May 2 (Reuters) - Flagstar Bancorp Inc said Thursday it would pay $110 million to settle a lawsuit by MBIA Inc accusing the bank of misrepresenting the quality of loans underlying $1.1 billion in mortgage-backed securities....

By Karen Freifeld NEW YORK, April 29 (Reuters) - Bond insurer MBIA Inc may pursue its case against Bank of America Corp over toxic mortgage-backed securities packaged by Countrywide Financial Corp. In decisions made public Monday, New York State Supreme...

By Nate Raymond NEW YORK, April 29 (Reuters) - A Manhattan judge indicated Monday he was "troubled" by how the U.S. government applied a rarely used law in a suit against Bank of America Corp over the sale of toxic mortgages to Fannie Mae and Freddie...

The nation's fair-housing rules became clearer this month when the Department of Housing and Urban Development finalized a rule that it hopes makes it easier to determine whether a housing practice is discriminatory. The formal adoption of uniform...

Two clinics tied to 1-800-GET-THIN have temporarily halted Lap-Band weight-loss surgeries after the device's maker said it would no longer sell to companies affiliated with the massive advertising campaign. The two brothers identified in lawsuits as...

Thomas E. Perez, the former Maryland labor secretary nominated to lead the U.S. Department of Labor, faced pointed questions at his Senate confirmation hearing Thursday about whether politics influenced his decisions as the top civil rights attorney in...

Bank of America Corp. has reached a record $500 million settlement with investors who claimed they were misled by its Countrywide unit into buying risky mortgage debt. The settlement is the largest to resolve federal class-action litigation over...

Bank of America Corp., parent of Connecticut's largest bank, reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday. Net income quadrupled to $2.62...