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17 May 2009, 12:13 pm
The plan also makes it easier to transfer homes with so-called "upside down" values to their mortgage company. [read post]
24 Jun 2010, 2:43 pm by Lyle Denniston
— had miscalculated interest rates on mortgages it was servicing, causing the parent bank to have to make millions of dollars in write-downs. [read post]
18 Sep 2011, 4:29 pm by Richard Posner
Public utility and common carrier regulation, illustrated by the regulation of telephone companies and railroads before the deregulation movement, was notably inefficient, tending to protect not consumers but instead sellers, by shoring up the sellers’ cartels or monopoly. [read post]
9 Dec 2013, 9:00 pm by Robert Kreisman
Related blog posts: Illinois Appellate Court Affirms that Lender May Pursue Either a Mortgage or a Promissory Note to Remedy Unpaid Debt Illinois Appellate Court Weighs in on Limited Joinder Illinois Court Chooses Not to Widen Traveling Employee Theory in Death Case     [read post]
19 Dec 2022, 6:00 am by jonathanturley
” Litigants argue that these celebrities helped shore up a “house of cards” operated by a “Ponzi scheme where the FTX Entities shuffled customer funds” to maintain the fraud. [read post]
31 May 2013, 1:27 pm by LindaMBeale
As John Kominitsky, a commenter on the blog, notes "This is the "capital" Wall Street sucks up to fuel their Speculation Casino of derivatives (CDO's) high-speed computer trading, outsized "executive bonuses", and tax dodging off-shore accounts." [read post]
23 Sep 2008, 9:54 am
The Government agreed Tuesday to lend AIG $85bn (£47.2bn) and Treasury Secretary Henry Paulson acknowledged on Friday (19 September) that a plan to shore up the financial system by purchasing distressed mortgage securities could cost hundreds of billions of dollars.Talk of modelling a new government office to dispose of those securities on the RTC is likely to have sent a shiver down many lawyers' spines last week. [read post]
15 Jul 2022, 8:45 am by Mark Ashton
They live in bubbles that may include mansions, shore homes, fancy cars and private schools. [read post]
29 Mar 2010, 9:28 am by Lyle Denniston
Dubbs, the New York lawyer for the Australian investors, argued energetically that what was actually involved in the case was “hard-core fraudulent conduct” that occurred in Florida, and that was designed to use “phony” statistics to shore up the financial reputation of the Australian bank. [read post]
19 Aug 2009, 9:16 am by attyrtamaradesilva
  In the current mortgage debacle, few of the players knew what the baskets of mortgages they were packaging, buying and selling were actually worth. [read post]
24 Feb 2010, 9:50 am by admin
The problems are rooted in FHA mortgages made in 2007 and 2008. [read post]
26 Mar 2010, 4:28 pm by Lyle Denniston
It made collections based upon rights to service the underlying mortgages. [read post]
13 Jan 2013, 12:45 pm by Angelo A. Paparelli
Thai restaurants can be found on the remote eastern shore of Virginia, just miles from the island home of the fabled wild ponies of Assateague. [read post]
17 Dec 2010, 7:42 am by admin
  Fowey, Cornwall   Mortgages on second homes have always been more difficult to get than for primary residences, and lenders today are more stringent than ever. [read post]
23 Sep 2011, 6:21 pm by Mandelman
Weren’t the banks at risk of becoming insolvent because they had hundreds of billions in “toxic assets” on and off their balance sheets… assets called CDOs that were based on the same improperly rated and leveraged mortgage-backed securities that the bankers had not only sold to investors around the world but bought as well… assets that became worthless when no one trusted the ratings or the bankers anymore? [read post]