Countrywide Financial Corp.

A large Texas mortgage lender with operations across much of the nation has agreed to pay $2 million to borrowers to resolve Justice Department allegations that it discriminated against African Americans from 2006 through 2009. PrimeLending, a...

In a lawsuit echoing recurring complaints about mortgage lenders, Arizona accused Bank of America Corp. of failing to implement anti-foreclosure measures it had promised in March 2009 to settle accusations that its Countrywide Financial unit had defrauded...

The battle over who gets stuck with the tab for millions of soured home loans has produced some eye-popping numbers of late, including Allstate Corp.'s lawsuit seeking to recover losses on $700 million in Countrywide Financial Corp. mortgage-backed...

Bank of America Corp. and Ally Financial Inc. have agreed to pay a combined $3.3 billion to settle remaining demands that they repurchase soured mortgages from Fannie Mae and Freddie Mac, the giant home-loan buyers that wound up wards of......

Rep. Maxine Waters is questioning whether Bank of America's $2.8-billion settlement with Fannie Mae and Freddie Mac this week was a little too sweet -- even "a backdoor bailout" by the government, as Waters (D-Los Angeles), a longtime member of......

Florida Atty. Gen. Pam Bondi's office has released a highly critical PowerPoint presentation explaining the legal issues surrounding the foreclosure fracas that erupted late last year. See the full report here. Titled "Unfair, Deceptive and Unconscionable...

California has reached a $6.5-million settlement with two former Countrywide Financial Corp. executives that the state had accused of predatory lending. The state will create a foreclosure relief fund for troubled borrowers with part of the money,...

A Superior Court jury in Van Nuys has awarded $3.8 million to a former Countrywide Financial Corp. executive who claimed he was fired because he refused to falsify a report to a bond-rating firm and exposed unsafe working conditions at......

Hollywood's seemingly endless search for an industry lobbyist appears to be zeroing in on former Sen. Chris Dodd (D-Conn.). Dodd, a former U.S. Democratic presidential hopeful who recently retired from the Senate, has long been a candidate to head the.......

Targeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the...

WASHINGTON -- With the 2010 election year barely under way, two senators and one governor - all Democrats - ditched plans to run for re-election in the latest signs of trouble for President Barack Obama's party. Taken together, the decisions by Sens....

AUSTIN - Texans eligible for $7.46 million in restitution from Countrywide Financial Corp. should be on the lookout for claim form, which were mailed late last week. The $7.46 million restitution program, which was first announced by Attorney General...