BofA's legal costs rise because of Countrywide deal- report

The Los Angeles Times reported that the legal costs of Bank of America could continue to rise, mostly due to its ill-fated acquisition of Countrywide Financial Corp in 2008.

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Judge gives final approval to BofA's Countrywide $500M settlement

US District Judge Mariana Pfaelzer gave final approval to the USD 500 million class action settlement between Bank of America's Countrywide unit and its investors.

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Federal Home Loan banks drop objections to BofA settlement of Countrywide

Three Federal Home Loan Banks withdrew their objections at the settlement of a New York lawsuit offered by the Bank of America for its Countrywide unit.

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Judge approves tentative deal for Countrywide

Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.

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Countrywide verdict a major victory for US Justice Department- report

The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.

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