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23 Apr 2020, 6:01 am by zamansky
The post Risk Recycling, the New Mortgage-Backed Securities (MBS) appeared first on Zamansky LLC. [read post]
29 Aug 2011, 5:01 pm
Among the institutional investors to benefit from the settlement are BlackRock, Inc., PIMCO, Metlife, Inc., the Federal Reserve Bank of New York, and Goldman Sachs. [read post]
23 Apr 2020, 6:01 am by zamansky
The post Risk Recycling, the New Mortgage-Backed Securities (MBS) appeared first on Zamansky LLC. [read post]
26 Jul 2011, 4:29 pm
The National Credit Union Administration has filed a $629 million securities fraud lawsuit against RBS Securities, Wachovia Mortgage Loan Trust LLC, Nomura Home Equity Loan Inc., Greenwich Capital Acceptance Inc., Lares Asset Securitization Inc., IndyMac MBS Inc., and American Home Mortgage Assets LLC. [read post]
28 Jul 2014, 11:54 am by Editorial Board
On July 23, S&P’s parent company, McGraw Hill Financial Inc., disclosed that it received a Wells notice indicating that the SEC’s enforcement staff had made a preliminary determination to recommend that the SEC institute an enforcement action against S&P alleging violation of federal securities laws with respect to S&P’s ratings of six commercial MBS transactions in 2011 and public disclosures made by S&P regarding those ratings… [read post]
21 Nov 2016, 2:25 pm by Thomas Kidera
  On November 14, 2016, plaintiff Federal Home Loan Bank of Boston (“FHLBB“) and defendants RBS Securities Inc., RBS Acceptance, Inc., RBS Financial Products, Inc., and RBS Holdings, USA (Inc.) [read post]
23 Sep 2014, 11:49 am by Amy Howe
IndyMac MBS, Inc., to file new, ten-page briefs addressing the possibility that the case could become moot. [read post]
2 Oct 2014, 4:21 am
 Case In PointIn a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed in September 2013 and thereafter amended, Claimant Fernandez asserted breaches of contract and fiduciary duty; fraud; churning; and manipulation against Respondents Wells Fargo Securities, LLC and Deutsche Bank Securities, Inc... [read post]
14 Jun 2011, 9:39 pm
MBIA claims that the defendants made their representations in their talks leading up to the agreement that had the insurer saying it would insure over $223 million in residential MBS that investors bought in the transaction. [read post]
18 Aug 2011, 7:49 pm
The defendants of the other complaints are Countrywide Financial, Bank of America Corp., Morgan Stanley , Merrill Lynch and Co, JPMorgan Chase & Co, Citigroup Inc., Deutsche Bank AG, and Credit Suisse Group: • The securities lawsuit against Countrywide is over $700 million of toxic MBS that the insurer purchased. [read post]
16 Aug 2011, 10:05 pm
If you are an investor who suffered financial losses from investing in mortgage-backed securities, you may have reason to file a securities case against the financial firm that handled your MBS. [read post]
13 Sep 2012, 7:45 pm
District Court for the Southern District of New York has given preliminary approval to the putative class action settlement reached between Citigroup Inc. [read post]
23 Jun 2011, 9:52 pm
JP Morgan Securities LLC, Novastar Mortgage Funding Corp, and RBS Securities Inc. are just a few of the defendants, who are accused of committing securities fraud against five wholesale credit unions. [read post]
16 Dec 2008, 8:37 am
Trade Representative12/15/2008 Supreme Court Ruling in Altria Group, Inc. v. [read post]
11 Dec 2008, 10:33 pm
For instance, Silver, Freedman & Taff, a 13-lawyer D.C. firm that specializes in financial transactions and securities, advised three TARP recipients from across the U.S.: MB Financial, based in Chicago ($196 million); First PacTrust Bancorp of Chula Vista, Calif. ($19.3 million); and Southern Missouri Bancorp ($9.55 million). [read post]
13 May 2009, 2:13 am
Subscription needed for online access: 05/12/2009 Remarks by Federal Reserve Chairman Ben Bernanke on the Supervisory Capital Management Program (PDF 48 KB)Remarks Delivered at the Federal Reserve Bank of Atlanta 2009 Financial Markets Conference, Jekyll Island, Georgia on May 11, 200905/12/2009 Report: DHS' Progress in Disaster Recovery Planning for Information Systems (PDF 1 MB)Prepared by the Department of Homeland… [read post]
15 Jun 2010, 6:55 pm by Randall Reese
  All of Corus Bank's deposits were assumed by MB Financial Bank, N.A. [read post]