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Childrens Hospital and Medical Center Foundation of Omaha et al v. Countrywide Financial Corporation et al
Case Number:
2:11-cv-02056
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May 02, 2012
Investors Drop Subprime Suit Against Countrywide
Ten Nebraska-based funds on Wednesday agreed to drop a suit alleging Countrywide Financial Corp. abandoned its underwriting guidelines while assuring investors of the high credit quality of mortgages and loans it issued before it collapsed in 2007.
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August 08, 2011
Countrywide's Alleged Misstatements 'Puffery': Atty
An attorney for the former CEO of Countrywide Financial Corp. told a California federal judge on Monday that his client was protected from an investor's fraud lawsuit because misstatements about the quality of Countrywide's mortgages and loans before it collapsed in 2007 were "puffery."
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May 23, 2011
Countrywide Seeks Exit From Funds' Subprime Suit
Countrywide Financial Corp. told a California federal court Friday that it should be dismissed from a suit by 10 funds that refused to settle a previous class action accusing the mortgage lender of misleading investors and mislabeling high-risk loans.