Countrywide Financial News

Attorneys representing former home appraisal manager Kyle W. Lagow, who blew the whistle on widespread fraud at Countrywide Financial, have announced the final settlement of Lagow's whistleblower action.

A whistleblower will get $14.5 million following a $1 billion settlement between Bank of America Corp.

China Food Company is having to build a new feed factory to seal the "transformational" sale of its feed operations, more than a year after the company revealed a disposal to focus on its condiments business.

China Food Company, a Chinese cooking sauce manufacturer, has fallen into the red as investments in expanding its operations and costs linked to the launch of its new Xaka soya sauce hit the bottom line.

Heavy losses incurred from litigation associated with the acquisition of Countrywide Financial continue to offset gains from its other business segments.

Bank of America Home Loans is getting ready to give away billions of dollars. To get a piece of this pie, you have to have an existing mortgage with them, be late on your payments and owe more on the mortgage than your home is worth.