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2. Bank of America Home Loans - Wikipedia

   en.wikipedia.org/wiki/Bank_of_America_Home_Loans

   Bank of America announced on June 26, 2008, that the takeover of Countrywide Financial Corp. will result in the loss of 7,500 jobs over the next two years. [ 56 ] The deal was a landmark in the housing crisis, given Countrywide's prominence as the nation's largest mortgage lender, at the time. [ 57 ]

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...

   The suit, filed Wednesday by the top federal prosecutor in Manhattan, also underscored how Bank of America's purchase of Countrywide in July 2008, just before the financial crisis, backfired ...

5. Angelo Mozilo - Wikipedia

   en.wikipedia.org/wiki/Angelo_Mozilo

   Phyllis Ardese. . . ( m. 1961; died 2017) . Children. 5. 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 ...

6. The Man Behind Bank of America and Countrywide's Epic Meltdown

   www.aol.com/news/2013-07-06-mozilo.html

   After Bank of America took a $2 billion preferred stake in the nation's largest mortgage originator in the summer of 2007 and before B of A ultimately acquired the company outright, Mozilo sat ...

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 ...