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Litigation

Dec. 19, 2014

Countrywide case could be near settlement

One of the final cases by plaintiffs over allegedly misleading representations regarding Countrywide Financial Corp.'s mortgage-backed securities products could be close to a resolution.


By Henry Meier


Daily Journal Staff Writer


One of the final cases involving allegedly misleading representations of Countrywide Financial Corp.'s mortgage-backed securities products could be close to a resolution.


Plaintiff Massachusetts Mutual Life Insurance Co. and the defendants - which in addition to Countrywide include a company executive, its now-parent company Bank of America NA and several other financial institutions that operated ...

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