Still More Troubles for Countrywide
March 10th, 2008
First, The Wall Street Journal reported that Countrywide Mortgage and Wells Fargo and Company were under investigation by the Attorney General of Illinois for having improperly steered minority borrowers into high-cost or inappropriate loans.
Then the Journal reported that the FBI too has eyes for Countrywide...
See also:
- Thursday’s Events: BOC MPC Report, U.S. Jobless Claims, Philly Fed Mfg Report (July 17th, 2008)
- U.S. Jobless Claims Rise to 366K in Week Ending July 12 (July 17th, 2008)
- U.S. Housing Starts and Building Permits Soar in June (July 17th, 2008)
- Fed’s Kroszner Says Fed Rules Will Affect Subprime and Alternative Mortgages (July 17th, 2008)
- Higher U.S. CPI, FOMC Minutes Lead to Greater Chance of Rate Hike (July 16th, 2008)