Search for: "Credit-Based Asset Servicing and Securitization, LLC"
Results 1 - 20
of 29
Sorted by Relevance
|
Sort by Date
31 Jul 2007, 7:25 am
Mortgage insurer MGIC Investment Corp is looking at a huge write-off of a $1.03 billion investment in Credit-Based Asset Servicing and Securitization LLC (C-BASS). [read post]
2 Jun 2010, 1:50 am
In two separate decisions, two courts issued opinions in cases that each related in different ways to Credit-Based Asset Servicing and Securitization, LLC, also known as C-Bass. [read post]
18 Sep 2019, 10:16 am
The story suggests that these suits threaten the $563 billion asset-securitization market and also the $11 trillion mortgage securitization market. [read post]
17 Sep 2017, 7:30 pm
These forward-looking statements are based on our plans, estimates and expectations as of September 17, 2007. [read post]
5 Apr 2018, 7:55 pm
Portfolio No. 14, LLC, 441 S.W.3d 764, 777-78 (Tex. [read post]
2 Jun 2009, 1:06 am
Credit-Based Asset Servicing and Securitization LLC
U.S. [read post]
5 Oct 2017, 5:20 pm
Ultimately, however, the concern is that the servicer has not been squeezing enough money from hard-pressed borrowers, and that the servicer still has to be paid in accordance with the fee schedule in the servicing agreement. [read post]
17 Dec 2017, 3:28 pm
While the sale to Midland Funding, LLC was an asset sale (portfolio sale), the transfer of the credit card account to FIA was not, at least not to an unrelated third-party. [read post]
17 Aug 2009, 4:20 am
In my last Credit Slips post, I wrote about what I call the "Alphabet Problem. [read post]
31 Dec 2018, 4:07 pm
Asset freeze by temporaryinjunction based on unadjudicated claim for unliquidated damages reversed by Austin Court of Appeals injunctive-relief. [read post]
29 Nov 2018, 11:58 am
Unlike with securitized mortgages, there were no homes as secured real assets to foreclose on, leaving collection lawsuits against borrowers and cosigners, followed by execution on nonexempt assets and garnishment, as forcible collection tools. [read post]
17 Dec 2017, 3:28 pm
The account ended up being owned by FIA Card Services, a wholly owned subsidiary of Bank of America Corporation, and the transfer transaction was in the nature of a merger, not an asset sale to a third-party national bank.BANK OF AMERICA - FIA CARD SERVICES N.A.MERGER HISTORYWhile the sale to Midland Funding, LLC was an asset sale (portfolio sale), the transfer of the credit card account to FIA was not, at least not to an unrelated third-party. [read post]
2 Nov 2018, 3:00 pm
On May 2, 2017, interested parties, and holders of notes in the trusts that are subject to this action, Waterfall Asset Management, LLC, OWS ABS Fund II, L.P., OWS COF I Master, L.P., OWS Credit Opportunity I, LLC, and One William Street Capital Master Fund, Ltd. informed the court in advance of the May 11, 2017 oral argument that they support the Indenture Trustee's position and motion for summary judgment. [read post]
5 Nov 2017, 6:02 am
Midland, it would not adversely affect state-based lenders who are already subject to usury limits. [read post]
31 Oct 2022, 4:00 am
Accordingly, the bulk of the assets to be transferred were consumer credit transactions. [read post]
5 Nov 2017, 6:02 am
Midland, it would not adversely affect state-based lenders who are already subject to usury limits. [read post]
6 Jun 2012, 8:00 am
According to the complaint, MGIC, a private mortgage insurance company, owned a 46% equity stake in Credit Based Asset Servicing and Securitization, LLC (“C BASS”). [read post]
17 May 2008, 2:18 pm
MGIC’s woes relate back to its failed 2007 attempt to merger with Radian Group, as well as the deterioration of the joint venture, Credit Based Asset Servicing and Securitization LLC (“C-Bass”), in which MGIC had entered with Radian. [read post]
16 Dec 2008, 8:13 pm
For example, as reflected in their press release (here) on December 16, 2008, plaintiffs’ lawyers initiated a securities class action lawsuit in the Southern District of New York against investors in the C-Bass Trust Certificates backed by residential mortgage loans and issued by Credit-Based Asset Servicing and Securitization LLC. [read post]
17 Dec 2008, 4:13 am
For example, as reflected in their press release (here) on December 16, 2008, plaintiffs’ lawyers initiated a securities class action lawsuit in the Southern District of New York against investors in the C-Bass Trust Certificates backed by residential mortgage loans and issued by Credit-Based Asset Servicing and Securitization LLC. [read post]
