Countrywide boss gives up $37.5m
504242
Business & money: Angelo Mozilo bows to pressure and will not take controversial pay-off from US sub-prime mortgage lender
29447
WASHINGTON - The Securities and Exchange Commission is examining stock sales of the chief executive of Countrywide Financial Corp. , the nation's largest mortgage lender, a person familiar with the matter said yesterday.
137056
Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, is negotiating a sale to Bank of America.
50142
Driving the companyâs loss, which amounts to $31.85 a share, was a $5.21 billion write-down on its portfolio of credit derivatives.
99778
Countrywide Financial Corp said on Thursday it has lined up $12 billion of financing to help weather a housing slowdown that will lead to widespread layoffs.
45031
WILMINGTON, Del. - Wilbur L. Ross Jr., who became a billionaire by investing in bankrupt steel companies, offered to pay at least $435 million for a unit of American Home Mortgage Investment Corp. and said he plans to "get into all aspects of the mortgage industry."
22150
Franklin Raines, who was forced out as Fannie Mae's chief executive after five years, is slated to receive a monthly pension of more than &#36;114,000 for life, according to documents the mortgage lending giant filed Monday with the Securities and Exchange Commission.
696980
Mortgage lender Countrywide Financial  Corp  said on Monday that Chief Executive Angelo Mozilo  would relinquish his rights to receive around $37.5 million in  severance and other payments related to the company's sale to  Bank of America Corp .
66949
It&#39;s payback time. The former chief executive of Conseco (nyse: CNO - news - people ) and his family trusts must pay $62.7 million plus interest to a unit of the insurance company, which may also foreclose on his mansion, a judge ruled.
647330
Countrywide Financial Corp. on  Wednesday posted a 47 percent drop in quarterly earnings and  cut its outlook as mortgage refinancings fell and rates  climbed, sparking a broad sell-off in mortgage-company stocks.
695961
Countrywide Financial Corp.,  the largest U.S. mortgage lender, said on Monday that  foreclosures rose to a five-year high and turmoil in the  subprime market may hurt earnings, and its shares fell.
538783
Angelo Mozilo, under fire over the size of his potential payout from the sale of Countrywide, said he is forfeiting  severance pay, fees and perks he was scheduled to receive upon his retirement.
110859
Countrywide Financial Corp , the No. 1 U.S. mortgage lender, said on Thursday mortgage loan funding tumbled 40 percent to $23 billion in November, sending its shares down 5 percent as late payments continue to escalate.
290964
Employees of car insurers Admiral are set to receive an average windfall of around Â£37,000 as the firms sells off a 10% stake.
585594
Countrywide Financial Corp  said on Wednesday it funded $23.4 billion of mortgage loans in December, up 1 percent from November, and that lending activity for the quarter topped its forecast.
428226
Three former Countrywide  Financial Corp.  executives agreed to plead guilty to  charges they conducted insider trading in the mortgage lender&#39;s  shares in the week leading up to a disappointing earnings  report, federal prosecutors said.
624402
CHARLOTTE - Countrywide Financial Corp. , the biggest US mortgage lender, said profit will rebound from its first quarterly loss in 25 years as it cuts jobs and tightens lending standards. Shares rose $4.23, or 32.4 percent, to $17.30, the biggest increase in more than two decades.