Eileen Foster

Eileen foster was the executive vice president of Fraud Risk Management at Countrywide, and later senior vice president of the Mortgage Fraud Investigations Division at Bank of America (when the two merged), until she blew the whistle on massive and widespread systemic home loan fraud in 2008. She has received significant media coverage (including a series by iWatch News and 60 Minutes) as a key whistleblower of the financial crisis.

Foster won her wrongful termination whistleblower complaint against the Bank of America in September 2011, however the company appealed and another hearing was to happen in October 2012. Foster was represented by the Government Accountability Project.

For her actions as a whistleblower, she was awarded the 2012 Ridenhour Prize for Truth-Telling.

Background at Countrywide Foster joined Countrywide Home Loans in 2005 as First Vice President overseeing borrower complaint risk in the Corporate Office of the President. Nine months later she was promoted to Senior Vice President, and in March 2007 to Executive Vice President of Fraud Risk Management. In that role, she supervised 30-40 staff responsible for investigating mortgage origination fraud. Foster was also responsible for reporting fraud and suspicious activity to regulators and the company's board of directors.

Blowing the Whistle on Home Loan Fraud Foster oversaw an investigation in the summer of 2007