State AGs Sue Countrywide for Deceptive, Discriminatory Lending Practices but Denies Actions are Coordinated
July 3, 2008
Three state attorneys general have filed separate lawsuits against Countrywide and its two top executives for allegedly putting thousands of borrowers into bad loans that eventually ended in or faced foreclosure. A separate action by Washington state alleges discriminatory lending. Attorneys general of California, Florida and Illinois filed their complaints shortly before...