Showing posts with label mortgage reform. Show all posts
Showing posts with label mortgage reform. Show all posts

Tuesday, January 11, 2011

Allstate sues Countrywide over toxic investments

NEW YORK -- Allstate has filed a federal lawsuit against Countrywide Financial over $700 million in toxic mortgage-backed securities that the insurer bought beginning in 2005, only to see their value decline rapidly.

Saturday, November 6, 2010

Wide variation seen in mortgage servicers’ performance

Data suggest a wide variation in how well the firms handle such things as dealing with delinquent homeowners and negotiating loan modifications.
From the Los Angeles Times