Tag Archive: investors

MBS Investors Sue Countrywide for Loan Modifications

Tweet Carrie Bay 12/02/08 Investors of securities backed by Countrywide mortgages filed a lawsuit against the lender on Monday, alleging that Countrywide has no right to modify under-performing loans that were packaged and sold as securities. In early October, Countrywide’s parent company, Bank of America, reached an agreement with 15 state attorneys general to settle…

Performance Optimization WordPress Plugins by W3 EDGE