Wednesday, July 02, 2008

Recap Of Recent State Actions Against Countrywide Financial

The following "scorecard" recaps the state legal actions taken against mortgage lender Countrywide Financial over the last week or so:

No word whether the timing of these court filings, along with this past Monday's NBC News report on an ex-Countrywide regional vice president blowing the whistle on the alleged shady corporate culture at the firm, were coordinated to coincide with Tuesday's closing of the Bank of America / Countrywide acquisition (possibly meant as "parting gifts" to now former CEO Angelo Mozilo) or whether it was all merely a coincidence.

Go here, Go here and Go here for more on other Countrywide lawsuits & other problems. countrywide consumer problems