Industry NewsMortgage

Reports: FBI probes Countrywide, other lenders

Investigations focus on securitization, servicing of home loans
Published on Mar 11, 2008

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by CareyBot

Countrywide Financial Corp. is reportedly one of more than a dozen companies under investigation by the FBI as it looks into the packaging of subprime loans as securities sold to Wall Street investors. According to reports in the Wall Street ...

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