Category Archives: Uncategorized

Judge Dismisses UG’s Tort and Statutory Claims Against Countrywide

Round one in the Battle of the Titans has gone to Countrywide. On October 6, 2009, the Central District of California handed down its decision on Countrywide’s (now part of Bank of America) Motion to Dismiss in the case of … Continue reading

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FDIC places Indymac Bancorp in Conservatorship

Southern California’s IndyMac, one of the nation’s largest mortgage lenders, is the fifth bank to be taken over by the Federal Deposit Insurance Corporation (FDIC) this year. Overall, the banking system appears to be in less danger now than it … Continue reading

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