Search for: "FIRST INDEPENDENT MORTGAGE COMPANY, a subsidiary of First Independent Bank" Results 41 - 54 of 54
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Chapter 3 offers a more detailed discussion than the first chapter of problems associated with the depressed housing market. [read post]
11 Dec 2009, 11:38 am by James Hamilton
Any costs for dismantling a failed financial company will be repaid first from the assets of the failed firm at the expense of shareholders and creditors. [read post]
5 Apr 2009, 1:26 pm
In September 2008, the government takeover of mortgage giants Fannie Mae and Freddie Mac was followed by the collapse of Lehman Brothers, the acquisition of Merrill Lynch by Bank of America and an $85 billion (and now $170 billion) government investment in American International Group. [read post]
28 Jan 2009, 9:40 am
Again, it needs to be underscored that such a $120 million transfer to a foreign bank is precisely what a reputable independent custodian would not allow. [read post]
26 Jan 2009, 1:54 am
: These three bank failures are likely only the first of many yet to come in 2009. [read post]
25 Aug 2008, 1:11 am
On February 1, 2002, the Oakwood Deposit Bank Company (Oakwood) failed. [read post]
25 Jul 2008, 5:06 pm
The loss was half that of the first quarter, when mortgage-related investments resulted in a $5.1 billion loss. [read post]
1 Apr 2008, 7:26 am
New Independent Appraisal rules Fannie Mae and Freddie Mac announced on March 3, 2008 that they would only buy mortgages from lenders that use independent appraisers.[13]  The new appraisal rules for Fannie Mae and Freddie Mac, taking effect on January 1, 2009, is the end product of New York attorney general Andrew Cuomo and his efforts to stop appraisal abuse.[14]  The agreement between the GSEs and Attorney General Cuomo is the first step… [read post]
29 Oct 2007, 10:00 am
These ballots had vanished because in a very real way they never existed in the first place. [read post]
22 Apr 2007, 4:39 am
The states filed an amicus arguing they could oversee non-banking subsidiaries of national banks. [read post]
19 Apr 2007, 8:23 am
  Under the Home Mortgage Disclosure Act, which applies to all residential property, these things must be disclosed. [read post]