Category Archives: costs of the crisis

William Frey and David Grais Appear on Fox News to Defend Greenwich Suit Against Countrywide

Posted on December 6, 2008 by Isaac Gradman

Greenwich Financial Services CEO William Frey and his attorney, David Grais, of Grais & Ellsworth LLP appeared on Fox News on Tuesday to answer questions about their lawsuit against Countrywide (see other postings on this story). In the segment, linked … Continue reading →

Posted in costs of the crisis, Countrywide, Fox News, Greenwich Financial Services, investors, lawsuits, loan modifications, predatory lending, settlements, television coverage of the crisis, William Frey | Leave a comment

Details of Greenwich v. Countrywide Emerge

Posted on December 5, 2008 by Isaac Gradman

An article published on Monday in Business Week (available here) sheds some additional light on the lawsuit filed by Hedge Fund Greenwich Financial Services against Countrywide challenging its agreement to conduct large-scale loan modifications (previously discussed here, here, and here). … Continue reading →

Posted in BofA, contract rights, costs of the crisis, Countrywide, Greenwich Financial Services, lawsuits, litigation, loan modifications, Ocwen, securitization, stability, subprime, William Frey, workouts | 3 Comments