Search for: "Countrywide Asset-Backed Certificates" Results 1 - 20 of 24
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
30 Dec 2014, 12:03 pm by John Jascob
Countrywide made numerous representations and warranties about the characteristics, credit quality, and underwriting of the mortgage loans. [read post]
25 Jan 2011, 7:24 am by Mandelman
The Plaintiffs are institutional investors that wanted conservative, low-risk investments and thus bought Countrywide MBS (the “Certificates”) that were represented to be backed by mortgages issued pursuant to specific underwriting guidelines and rated investment-grade (primarily AAA). [read post]
5 Mar 2009, 12:06 pm
The lawsuit, filed on behalf of thousands of investors that bought the certificates from Wells Fargo Asset Securities Corp., accuses the defendants of violating the 1933 Securities Act by engaging in these alleged actions. [read post]
19 Jul 2011, 9:11 pm
It was just last month that Bank of America consented to pay investors $8.5 billion for their mortgage back-securities-related losses that the investment bank assumed after its acquisition of Countrywide Financial. [read post]
23 Oct 2008, 6:42 pm
The new cases will address direct losses of investors in mortgage-related securities products such as residential mortgage-backed securities ("RMBS"), also known as pass-through certificates, asset-backed securities ("ABS"), and even more exotic products like collateralized-debt obligations ("CDOs"). [read post]
1 Dec 2007, 9:00 pm
Another $650 million, or 4 percent, is invested in certificates of deposit at Countrywide Bank FSB, a unit of Countrywide Financial Corp. [read post]
5 Apr 2009, 1:26 pm
Following the signing of the Stimulus Act, the Treasury Department announced that the requirements would not apply to recipients of TARP funds through the Term Asset-Backed Securities Loan Facility (”TALF”), which is designed to increase lending to consumers and small businesses on more favorable terms by encouraging investment in highly-rated asset-backed securities. [read post]
5 May 2011, 8:16 pm
Bancorp foreclosed on the borrower as trustee for C-Bass Mortgage Loan Asset-Backed Certificates, Series 6000-CB. [read post]
9 Dec 2008, 4:20 am
Because it alleges that the rating agencies were directly involved in the creation of the securitized assets, the Morgan Stanley complaint alleges that the rating agencies are liable under Section 11(a)(5) as "underwriters" of the mortgage pass-through certificates. [read post]
11 Oct 2011, 10:45 pm by WOLFGANG DEMINO
Wells Fargo as Trustee for the Certificate Holders of Soundview Home Loan Trust 2007-OPT1, Asset-Backed Certificates Series 2007-OPT1--Appeal from County Civil Courtt at Law No 1 of Harris County (Judge R. [read post]
4 Oct 2010, 8:16 am by Rich Vetstein
Bank, as trustee for the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2006-Z. [read post]
2 Apr 2009, 7:19 pm
" Lines like that keep me coming back to Francine. [read post]
10 Jan 2011, 12:14 am by Kevin LaCroix
Looking back, a full turn of the wheel would have been appropriate. [read post]