Search for: "Agency Mortgage Corporation" Results 101 - 120 of 1,299
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4 May 2010, 1:04 pm by Erik Gerding
Consider the following two problems identified in the Goldman hearings or with respect to the financial crisis: • Conflicts of interest (by Wall Street firms, rating agencies, mortgage brokers, mortgage originators etc.); and • Lack of disclosure (to mortgage borrowers, investors in asset-backed securities etc.). [read post]
8 Jul 2009, 4:09 pm
  PPIP is "initially" designed to "participate in the market for commercial mortgage-backed securities and non-agency residential mortgage-backed securities," by enabling the Treasury Department to "invest up to $30 billion of equity and debt in PPIFs [PPIP funds] established with private sector fund managers and private investors for the purpose of purchasing legacy securities," according to today's press… [read post]
1 Mar 2010, 1:14 am by Kevin LaCroix
  Background Plaintiffs had purchased the mortgage back securities that Lehman Brothers issued in August 2005 and August 2006. [read post]
26 Jun 2013, 9:45 am
The following are some of the key provisions of the draft bill: Creation of FMIC: The FMIC would be modeled after the Federal Deposit Insurance Corporation and provide catastrophic reinsurance in the secondary market for mortgage-backed securities. [read post]
16 Jan 2012, 10:05 pm
The fact that these committees represented having signed off on the financial instruments in question should mean something-if not, why have these corporate committees?! [read post]
29 Oct 2012, 10:32 am by BuckleySandler
On October 24, the United States Attorney’s Office for the Southern District of New York (SDNY) filed a $1 billion civil mortgage fraud lawsuit against a mortgage lender and a major financial institution in connection with loans sold to the government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
17 May 2018, 12:45 pm by ccollins
The other, for $129.6M, settled claims tied to alleged losses for corporate credit unions Southwest and Members United bought RMBSs. [read post]
3 Nov 2014, 12:16 pm
One of the repercussions of the mortgage meltdown was the subsequent scrutiny of the bond rating agencies, including S&P. [read post]
23 Jan 2017, 2:43 pm by Aaron Rubin
 Department of Justice and 21 states in connection with the ratings agency’s credit rating work on residential mortgage‑backed securities and other products during the years leading up to the financial crisis. [read post]
Second, the agency must give “interested persons” the opportunity to submit written comments, and the agency must respond to those comments. [read post]
27 Aug 2013, 9:29 am by Allison Tussey
The Maryland Mortgage Fraud Task Force was established to unify the agencies that regulate and investigate mortgage fraud and promote the early detection, identification, prevention and prosecution of mortgage fraud schemes. [read post]
6 Oct 2008, 12:15 pm
  Most have focused on the federal agencies responsible for overseeing the financial markets, whether the Securities and Exchange Commission or the Federal Reserve Board. [read post]
24 Jun 2010, 6:00 am by Lucas A. Ferrara, Esq.
Some of the Attorney General's actions in his ongoing investigation of the mortgage rescue industry include: In August 2009, Cuomo's office filed a lawsuit against American Modification Agency, Inc. [read post]
8 Dec 2011, 6:59 am by McNabb Associates, P.C.
Hanko, Special Agent in Charge, Federal Bureau of Investigation (FBI) and other agencies participating in a mortgage fraud task force announced the indictment today. [read post]
10 Jun 2019, 2:05 pm by Aaron Rubin
  On June 3, the Federal Housing Finance Agency (FHFA), as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac), filed a lawsuit in the United States District Court for the Southern District of New York against Wells Fargo Securities, LLC (Wells Fargo) (as successor to Wachovia Capital Markets, LLC (Wachovia)), alleging a violation of Section 11 of the Securities Act. [read post]
5 Dec 2008, 9:04 pm
Some critics contend the big three credit-rating agencies (Standard & Poor’s, Moody’s, and Fitch) bear significant blame for the current economic crisis because they over-rated what turned out to be risky subprime mortgage investments. [read post]
27 May 2012, 11:00 am
Department of Treasury, the Federal Housing Finance Agency, the HOPE NOW Alliance, Fannie Mae and Freddie Mac - and Ocwen Financial Corporation. [read post]
15 Jul 2008, 10:09 am
Charles Schumer, D-N.Y., urging several bank regulatory agencies to promptly take steps to prevent IndyMac's collapse. [read post]