Countrywide's $500M MBS Deal Gets Thumbs-Up

By Daniel Siegal · December 9, 2013, 7:26 PM EST

A California federal judge gave final approval Friday to a $500 million settlement of three class actions challenging Bank of America Corp.-owned Countrywide Financial Corp.'s underwriting standards for mortgage-backed securities, including...

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Case Information

Case Title

Maine State Retirement System v. Countrywide Financial Corporation et al

Case Number

2:10-cv-00302

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

January 14, 2010


Case Title

Western Conference of Teamsters Pension Trust Fund v. Countrywide Financial Corporation et al

Case Number

2:12-cv-05122

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

June 12, 2012


Case Title

David H Luther et al v. Countrywide Financial Corporation et al

Case Number

2:12-cv-05125

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

June 12, 2012