Kathleen Brown, a former California treasurer and Democratic candidate for governor, has been appointed to the board of directors of Countrywide Financial Corp., Calabasas, Calif.Ms. Brown is currently a senior adviser on public finance for Goldman, Sachs & Co. She has also worked as an attorney in the Capital Markets Group of O'Melveny & Myers and as a member of the Investment Management Group of Bank of America. In the political arena, Ms. Brown was California state treasurer from 1991 through 1994 and was defeated in the 1994 California governor's race by the then-incumbent governor, Pete Wilson. She is the sister of Oakland Mayor and former California Gov. Jerry Brown. Countrywide can be found on the Web at http://www.countrywide.com.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
7h ago -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
7h ago -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
7h ago -
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
10h ago -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25