Countrywide in huge subprime settlement
by Colin Barr, CNN Money Countrywide is paying the biggest tab yet in settling a subprime class action suit And like it or not, the deal brings a rare bit of good news for some embattled former executives of the troubled mortgage lender, including longtime CEO Angelo Mozilo (right). angelo mozilo A federal...
Countrywide’s VIP Loan Unit “Targeted” Fannie Mae Employees
by Sharyl Attkisson, CBS News New documents released by the House Committee on Oversight shed shocking new light on the cozy partnership between Countrywide Financial Corporation and Fannie Mae — which left taxpayers holding the bag for billions in subprime loans. The documents show that dozens...