Countrywide Financial Corp. co-founder Angelo R. Mozilo and two former top executives were accused of fraud Wednesday by U.S.

By Eric Gershon, The Hartford Courant, Conn. Aug. 7--Connecticut became the fourth state to sue Countrywide Financial Corp.

WASHINGTON - A former CEO leading Barack Obama's search for a vice presidential candidate resigned abruptly Wednesday after questions about his home mortgage deals became a distraction for a candidate who argues he's not influenced by special interests.

By Kevin Duchschere, Star Tribune, Minneapolis Jun.

By IEVA M AUGSTUMS By Ieva M. Augstums The Associated Press CHARLOTTE, N.C. The Federal Reserve on Thursday approved Bank of America Corp.'s purchase of distressed subprime mortgage lender Countrywide Financial Corp.