Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES — California Attorney General Jerry Brown filed a lawsuit against Countrywide Financial Corp. and two top executives today, accusing them of lowering or ignoring lending standards and deceiving borrowers regarding the risks of sub-prime mortgages and other adjustable-rate loans. Illinois Attorney General Lisa Madigan filed a similar suit against Countrywide today in Chicago state court.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.