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2. Bank of America Home Loans - Wikipedia

   en.wikipedia.org/wiki/Bank_of_America_Home_Loans

   Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United States, at a value of about 3. ...

3. Countrywide Financial political loan scandal - Wikipedia

   en.wikipedia.org/wiki/Countrywide_financial...

   The Countrywide financial political loan scandal in 2008-2009 involved U.S. politicians who allegedly received favorable mortgage rates.. In June 2008 Conde Nast Portfolio reported that numerous Washington, DC politicians over recent years had received mortgage financing at noncompetitive rates at Countrywide Financial because the corporation placed the officeholders in a program called "FOA's ...

4. Bank of America Lawsuit: Countrywide's Unethical Lending ...

   www.aol.com/news/2012-10-25-bank-of-america...

   Countrywide was a giant in mortgage lending, but was also known for approving exotic, even risky, loans. By 2007, as the market for subprime mortgages collapsed, Countrywide was anxious for revenue.

5. Property Transfers: Mortgage defaults creep up nationwide in ...

   www.aol.com/property-transfers-mortgage-defaults...

   The sunset of loan forbearance and relief payments at the end of 2023 led to homeowners falling behind on their mortgage payments. Nationwide, the number of mortgages falling 30 days behind during ...

6. Angelo Mozilo - Wikipedia

   en.wikipedia.org/wiki/Angelo_Mozilo

   Angelo Robert Mozilo (December 16, 1938 – July 16, 2023) was an Italian American mortgage industry banker who was co-founder, chairman of the board, and chief executive officer of mortgage giant Countrywide Financial until July 1, 2008. Mozilo retired shortly after the sale to Bank of America for a total of $4.1 billion in stock.

7. Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn't ...

   www.aol.com/news/2011-02-23-countrywide-mozilo...

   Countrywide's vast numbers of fraudulent mortgages-- which were created to feed a securitization machine, not to secure repayment of properly underwritten loans -- may still doom Bank of America ...