Relevant:
- Countrywide Home Loans in $150 Million Fight With Mortgage Insurer
- Countrywide Suit Belongs in N.Y. State Court, FHFA Says
- Bank of America Wins Dismissal From Countrywide Mortgage Securities Suit
- Ambac Sues Countrywide, Alleging False Information On MBS
- Bank of America Wins Dismissal From Allstate Countrywide Suit
2009-08-21 — housingwire.com
"The suit claims Countrywide’s decision to modify mortgage loans up to $8.4bn violates contracts held by investors in the securitizations where some of those loans live. The investors involved in the suit are asking that Countrywide purchase any loan it intends to modify out of the respective securitization and absorb the losses taken on modifications."
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