Saturday, December 26, 2009

 

Judge Approves Countrywide Settlement

KENTUCKY....
U.S. District Judge Thomas B. Russell of Paducah has given preliminary approval to a settlement between Countrywide Financial Corp. and up to 17 million people whose detailed financial information was exposed during a security breach, including anyone who obtained a mortgage and anyone who used Countrywide to service a mortgage prior to July 1, 2008. Under terms of the settlement, Countrywide, now owned by Bank of America, would give free credit monitoring. A fairness hearing is scheduled for July 19th in Louisville.





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