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Home » Store » Taxable » State AG Sues Countrywide for Breaking Private MI Law

State AG Sues Countrywide for Breaking Private MI Law

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The Minnesota Attorney General’s Office and the state’s Department of Commerce have filed a lawsuit against subsidiaries of Countrywide Credit Industries, Inc. for allegedly misleading customers regarding their right to cancel private mortgage insurance under state law. The lawsuit accused Countrywide Home Loans Co. and Countrywide Home Loans Servicing of "hiding" statutorily required information that would have made it easier for homeowners to cancel insurance on their mortgage loans, and of steering homeowners to an
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