Highlights
A collection of news and information related to Countrywide Financial Corp. published by Tribune Company sources.
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Trump has competition for McMahon's home
The listing agent for Ed McMahon's heading-for-foreclosure house in Beverly Hills said yesterday that the property is now in a "multiple offer situation." Last Thursday, billionaire developer Donald Trump announced that he had made the lenders an...Tags: Ed McMahon, Beverly Hills, Donald Trump
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Many South Florida owners taking losses to sell homes
South Florida Sun-SentinelSouth Florida is seeing a big jump in the number of homeowners who are selling their properties for less than they paid, highlighting the magnitude of the region's historic housing slump. During the first half of this year, 23 percent of sellers in...Tags: Palm Beach (Palm Beach, Florida), Miramar, Palm Beach Gardens, Real Estate Agents, Moody's Corporation
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NM sues Countrywide over securities
Countrywide Financial Corp. has been sued by New Mexico's investment and pension funds, which accuse the company of misleading investors. The lawsuit -- filed on behalf of the state Investment Council, the Educational Retirement Board and the Public...Tags: Trials, San Diego (San Diego, California), Illinois, California, Calabasas
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Home Depot hammered by housing market
The Home Depot Inc. said Tuesday that its second-quarter profit sank 24 percent and reiterated its downbeat outlook for the year amid a weak housing market that shows no signs of recovery. For the three months ending Aug. 3, the nation's largest home...Tags: Orange County Convention Center, Santa Barbara (Santa Barbara, California), California, House and Home, CNL Financial Corporation
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Loving your house again
First, let me say this: Of course I have regrets. After all, the purchase of our family home in Hollywood with an adjustable-rate mega-jumbo mortgage closed a mere 119 days before Countrywide Financial Corp. announced that -- whoops! -- it had, uh, run...Tags: Money and Monetary Policy, California, Real Estate Agents, Property Tax, Ceremonies
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Mortgage lenders to offer foreclosure-prevention counseling Thursday
Sentinel Staff WriterFrom Countrywide Financial to Wells Fargo, major mortgage lenders are set to offer free foreclosure-prevention counseling Thursday at a free seminar in the Orange County Convention Center, organizers said this week. The in-person counseling is...Tags: Orange County (Florida), Orange County Convention Center, Fannie Mae, Mortgages, Foreclosures
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Fever Builds Over Obama's No. 2
Washington PostThis is VEEP Week. That, in reality, is about all that anyone outside Sen. Barack Obama's inner, inner circle knows — that sometime before next week the presumptive Democratic presidential nominee will announce his running mate. Beyond that, the...Tags: Bedford (Bedford, Virginia), Kansas, Evan Bayh, Hillary Clinton, New Mexico
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More loan woes for Ed McMahon
Tribune NewspapersLOS ANGELES—Mortgage troubles continue to bedevil Ed McMahon, the former sidekick to comic Johnny Carson on the "Tonight Show," who has been battling foreclosure of his Beverly Hills home. A Huntington Beach lender has sued McMahon to recover a...Tags: Johnny Carson, Foreclosures, Ed McMahon, Financial and Business Services, Beverly Hills
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Dodd Deal: Extra Perks On Mortgages
No wonder Sen. Christopher Dodd won't release documents related to the $800,000 in cut-rate mortgages he got in 2003 from Countrywide Financial, once the nation's largest mortgage lender. The primary cause of the collapse of the mortgage industry is...Tags: East Haddam, Mortgages, Connecticut, Haddam, Kevin Rennie
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Trump agrees to buy, and lease back, McMahon mansion
ellen.yan@newsday.comHeeeere's The Donald! Billionaire developer Donald Trump has agreed to stave off foreclosure for Hollywood icon Ed McMahon by buying his Beverly Hills mansion and leasing it to him. After a flying visit to New York from McMahon's real estate agent, both...Tags: Johnny Carson, Justice System, Real Estate Agents, Beverly Hills, Lawyers
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Ex-IndyMac workers' complaint against Sen. Charles Schumer may have political undertones
Los Angeles Times Staff WriterFormer IndyMac Bank workers who blame Sen. Charles E. Schumer for the collapse of the large Pasadena thrift have found an ally in their quest to hold the New York Democrat to account: a public relations firm with a Republican-heavy client list. Schumer,...Tags: Public Relations, Parliament, Massachusetts, California, Calabasas
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Donald Trump to buy Ed McMahon's home before bank forecloses and become his landlord
BEVERLY HILLS, Calif. (AP) _ Donald Trump will soon be Ed McMahon's landlord. Trump announced Thursday he would save the television personality's Beverly Hills mansion from foreclosure by buying it for an undisclosed amount and leasing it to McMahon....Tags: Johnny Carson, Foreclosures, Ed McMahon, Television, Beverly Hills
Aug 21, 2008
|Story| Newsday
Aug 21, 2008
|Story| South Florida Sun-Sentinel
Aug 20, 2008
|Story| Associated Press
Aug 20, 2008
|Story| Orlando Sentinel
Aug 17, 2008
|Story| Los Angeles Times
Aug 19, 2008
|Story| Orlando Sentinel
Aug 19, 2008
|Story| Washington Post
Aug 17, 2008
|Story| Chicago Tribune
Aug 17, 2008
|Column| Hartford Courant
Aug 15, 2008
|Story| Newsday
Aug 16, 2008
|Story| Los Angeles Times
Aug 15, 2008
|Story| Associated Press
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