TALLAHASSEE, Fla. AP - Florida's attorney general is investigating Countrywide Financial Corp., a beleaguered California-based mortgage lender, for possible unfair and deceptive business practices related to its home loans.The subpoena, dated Jan. 17, directs Countrywide to provide documents and other information describing procedures used to determine whether borrowers qualify for subprime loans, those for people with shaky credit.
January 31, 2008 at 12:00 AM
1 minute read
TALLAHASSEE, Fla. AP – Florida’s attorney general is investigating Countrywide Financial Corp., a beleaguered California-based mortgage lender, for possible unfair and deceptive business practices related to its home loans.
The subpoena, dated Jan. 17, directs Countrywide to provide documents and other information describing procedures used to determine whether borrowers qualify for subprime loans, those for people with shaky credit.
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