Consumerist
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repost
Insiders: Countrywide Made Racist Sub-Prime Loans
The Wells Fargo racist sub-prime mortgage lawsuit reminded me of an old post we did where an ex-Countrywide employee alleged that that loan company had racist practices too. Here's the insider email we posted back in February, 08: More » -
mortgage meltdown
Lawsuits: Countrywide Ex-CEO To Feel Wrath Of SEC
His extreme orangeness, former CEO and founder of Countrywide Home Loans Angelo Mozilo, is about to be slapped with civil fraud charges, according to the Wall Street Journal. More » -
wcia 2009
Worst Company In America: FINAL FOUR Comcast VS Bank Of America
A big cable company vs a big bank. A repeat of our final match-up of 2008. Last year Countrywide (now part of Bank of America) prevailed. Which one will you choose?
More »
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wcia 2009
Worst Company In America: Starbucks VS Bank of America
Expensive coffee that "tastes burnt"? Or the owners of Merrill Lynch and Countrywide?
More »
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lawsuits
Battle Of The Most Hated Companies: Countrywide Sues AIG
Last year's Worst Company in America winner, Countrywide Home Loans, has sued AIG for not paying their claim on losses from failed real estate loans that they had insured with the company. More » -
looking back
Consumerist's Top 10 Business Debacles Of The Year 2008
As is our habit, we provided Ad Age with a list of our Top 10 Business Debacles of the Year. Are you ready for the pain? More » -
worst company in america
Countrywide To Fixed Rate Customer: Your Mortgage Is About To Adjust!
Countrywide either doesn't know, or doesn't care that reader Graham has a fixed rate mortgage, because they keep sending him "notices" that his mortgage is about to "adjust." More » -
money meltdown
5 More Wall Street Dudes Who Deserve A Punch In The Face
WallStreetFighter has listed 5 more Wall Street dudes that deserve the old "Dick Fuld" right in the face. Guess which Wall Street loser is most punchable? More » -
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high fructose corn syrup
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Countrywide Sends Fraud Alert Letters: 'Your Info May Have Been Sold'Get this emailed to your inbox weekly by signing up here.
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countrywide
Ex-Countrywide Employee Sells Your Data, They Offer Credit Monitoring Service, Hang Up When You Ask For It
Re: Countrywide Sends Fraud Alert Letters: 'Your Info May Have Been Sold," Reader Esqdork writes, "Yesterday, I phoned Countrywide to get them to extend the credit monitoring service [that they offered in their apology letter] to my co-borrower and was promptly hung up on." The only surprise here is that they even picked up in the first place. -
countrywide
Countrywide Sends Fraud Alert Letters: 'Your Info May Have Been Sold'
A Countrywide customer emailed to tell us he received an unpleasant surprise in the mail today: a former Countrwide employee may have sold his loan info.
More »I received a letter from Countrywide today that says:
"We are writing to inform you that we recently became aware that a Countrywide employee (now former) may have sold unauthorized personal information about you to a third party...
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worst company in america
Homeowners Sue Countrywide!
Who isn't suing Countrywide lately? Phuong Cat Le from the Seattle Post-Intelligencer says that a group of homeowners are now suing Countrywide, alleging that the lender steered them toward high-risk loans without disclosing the inherent risks. More » -
countrywide
Donald Trump Saves Ed McMahon From Foreclosure!
Donald Trump doesn't know Ed McMahon, but he "grew up watching him on tv," so he'd like to be his new landlord. McMahon is currently facing foreclosure from Countrywide, and had 2 weeks to sell his house before the bank repossessed it. Mr. Trump has agreed to buy the house and lease it to McMahon, says the LA Times. More » -
worst company in america
Throwdown! Connecticut Sues Countrywide For Deceptive Lending
Someone ring a bell because Connecticut Attorney General Richard Blumenthal has just sued Countrywide (and, of course, Bank of America) for deceptive lending practices. They're seeking damages of $100,000 for each violation, as well as "up to $5,000 per violation of state consumer protection laws, disgorgement of all ill-gotten gains and an order compelling the company to cease its illegal practices." More » -
worst company in america
Former Countrywide Employee Arrested For Stealing, Selling Customer Identities
The FBI has announced that a former Countrywide employee and his accomplice were arrested on charges related to "illegal access of computers containing personal information," and "illegal sale of the data." A criminal complaint filed last Friday alleges that one of the men, Rene L. Rebollo Jr., a senior financial analyst for Countrywide Home Loan's subprime mortgage division (who was let go in July), had been harvesting data from Countrywide's computers for the past two years — downloading and storing the information on personal flash drives. More » -
fdic
If My Bank Collapses, How Long Before The FDIC Pays Up?
If your FDIC-insured bank implodes, how long does it take for the FDIC to start paying depositors? Ever since IndyMac imploded, the question has no doubt been on many people's minds. One reader emailed me saying that he had asked the his banker about how long it might take. Allegedly, the banker squirmed around before finally saying that the FDIC had 20 years to pay people back. This is not true. More » -
worst company in america
Countrywide Home Loans Wins Consumerist's Worst Company In America Contest
Duhn duhn da duhn! Envelope please... yes, America has voted and... the Worst Company in America award goes to.... Countrywide Home Loans (now owned by Bank of America)! The final vote was...
More »
4:08 PM on Mon Jul 28 2008
By Ben Popken
0 views, 67 commentsLatest by MelindaCosby: Yes, they (countrywide) do deserve this! As a housing counselor, this company constantly turned down or delayed any requests by more »
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worst company in america
Worst Company In America Final Death Match: Comcast VS Countrywide Home Loans
Well, folks. This one is for all the marbles and a beautiful lucky golden shit statue, suitable for display in the corporate headquarters of either Comcast or Countrywide (now Bank of America). More »
countrywide
New York, 2:50 PM
Sun Jul 5
6 posts in the last 24 hours
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