Search for: "CITIGROUP MORTGAGE LOAN SERVICES" Results 61 - 80 of 174
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16 Jan 2012, 12:05 am by Kevin LaCroix
In this and some of the other high profile credit crisis cases – Citigroup; the BofA/Merrill Lynch merger case; Bear Stearns; AIG – it will be very interesting to see how the likely settlements of these cases will unfold. [read post]
12 Jan 2012, 9:54 am
In general, mortgage servicers are allowed to take out insurance policies on homes when borrowers allow coverage to lapse. [read post]
19 Dec 2011, 2:26 am
Lehman would sell (though actually a loan) a bundle of toxic assets such as sub-prime mortgages and dubiously collateralized debt obligations to the bank. [read post]
9 Dec 2011, 5:52 am by Frank Pasquale
Bill Black has frequently noted that "In the Savings and Loan crisis, which was 1/70th the size of [the current] crisis, our agency made over 10,000 criminal referrals, and that resulted in the conviction on felony grounds of over 1000 elites in what were designated as major cases. [read post]
9 Dec 2011, 5:51 am by Frank Pasquale
Bill Black has frequently noted that “In the Savings and Loan crisis, which was 1/70th the size of [the current] crisis, our agency made over 10,000 criminal referrals, and that resulted in the conviction on felony grounds of over 1000 elites in what were designated as major cases. [read post]
30 Nov 2011, 2:15 pm by Mandelman
 JP Morgan Chase went from A+ to A; Goldman Sachs, Bank of America, Morgan Stanley and Citigroup were downgraded from A to A-; and Wells Fargo was cut from AA- to A+. [read post]
31 Oct 2011, 4:14 am by Mandelman
Further proof of this could be seen in September when Impac Funding, an investor that uses Bank of America Home Loans and GMAC to service many of their mortgages, started contacting borrowers directly with offers to help homeowners modify their loans. [read post]
15 Oct 2011, 4:43 am by Mandelman
” He left the administration last year to misinterpret things at Citigroup. [read post]
15 Sep 2011, 8:44 am by William McGrath
" Meanwhile, DOJ's Inspector General Criticized the Marshals Service's Handling of Seized Madoff Assets. [read post]
8 Sep 2011, 4:20 pm
Unfortunately, in Nevada, where 262,622 Countrywide loans were originated, foreclosure issues piled up, as did complaints about the bank’s loan service practices. [read post]
24 Aug 2011, 12:01 pm by mcarzima@imediainc.com
  Citigroup and several other mortgage servicers are “engaged in discussions” with the U.S. [read post]
8 Aug 2011, 1:49 am by Kevin LaCroix
Judge Sullivan concluded that the “more compelling inference” is that “Defendants simply did not anticipate the full extent of the mortgage crisis and the resulting implications for the Pick-A-Pay loan portfolio. [read post]
8 Aug 2011, 1:49 am by Kevin LaCroix
Judge Sullivan concluded that the “more compelling inference” is that “Defendants simply did not anticipate the full extent of the mortgage crisis and the resulting implications for the Pick-A-Pay loan portfolio. [read post]
5 Aug 2011, 6:44 am by admin
  Bank of America never wanted to own the properties; in fact, it probably never wanted to own the loans, and almost certainly never originated the loans. [read post]