Search for: "New Century Mortgage"
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30 Oct 2017, 12:14 pm
The new Mortgage Performance Trends tool can be found at: https://www.consumerfinance.gov/data-research/mortgage-performance-trends ###The Consumer Financial Protection Bureau is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. [read post]
12 Aug 2015, 8:40 am
According to evidence presented at trial, Green was part of a large-scale mortgage fraud scheme to defraud the New Century Mortgage Company by […] The post Guilty Verdict in Fraudulent Loan Applications Case appeared first on Mortgage Fraud Blog. [read post]
15 Oct 2019, 6:31 am
At the time, many businesses were family-run, and the government could not distinguish between personal and business-generated interest.[1] For much of the twentieth century all consumer loan interest was deductible. [read post]
7 May 2007, 12:12 pm
The Washington Post continues its coverage of subprime lending with this front-page expose on the pressure felt by employees at one subprime lender, New Century, to approve mortgage loans. [read post]
15 Mar 2007, 3:20 am
Bear analyst Scott Coren was described as having written "an upbeat report" about a collapsing subprime mortgage lender, New Century Financial, a company considered to be just days away from bankruptcy. [read post]
7 Oct 2010, 10:44 am
(Think Option One and New Century.) [read post]
11 Jan 2013, 2:27 pm
The QM rulemaking also represents a return in a new guise of the traditional form of consumer credit regulation—usury—and a move away from the 20th century’s very mixed experiment with disclosure. [read post]
6 Apr 2008, 2:26 pm
The WSJ Law Blog recently reported the release of the Bankruptcy Court Examiner's Report on New Century Mortgage, the subprime lender that once led the market and is now in Chapter 11. [read post]
9 Dec 2009, 1:30 am
Kenneally, Rossmoor, California, former Controller of New Century Financial Corporation, have been charged with securities fraud for misleading investors as New Century's subprime mortgage business was collapsing in 2006. [read post]
16 Sep 2010, 12:15 am
New Century Mortgage Corp.If the lawyer's bad behavior was not before the court itself, or in defiance of a court order, the inherent powers of the court do not include the power to sanction the lawyer. [read post]
16 Feb 2016, 4:50 pm
The new Supplemental Poverty Measure (SPM) explicitly takes into account medical needs but has been criticized for not concomitantly taking into account asset portfolios. [read post]
14 Sep 2010, 10:41 am
New Century Mortgage Corp. (5th Cir. [read post]
27 Jun 2018, 10:58 am
Aderibigbe Ogundiran, 36, Crown Heights, Brooklyn, New York has been sentenced today to two to six years in prison for stealing a 19th century mansion in Fort Greene, New York as well as stealing or attempting to steal five other properties in a brazen scheme in which he transferred title of other people’s properties to […] The post Man Sentenced for Deed Fraud in Connection with Six Properties appeared first on Mortgage Fraud Blog. [read post]
16 Jun 2010, 10:01 pm
Here is Part Six: As you no doubt have been hearing in the news lately, more and more families across America are foreclosing on their homes due in part to adjustable rate mortgages ballooning payments beyond affordability or becoming upside down in a mortgage, in essence where the house is worth less than the remaining mortgage. [read post]
6 May 2019, 9:01 am
Meanwhile, the broker-dealer allegedly overstated the quality of certain subprime loans, including those from New Century Financial, which eventually went bankrupt. [read post]
26 Feb 2013, 6:17 am
CanadaFederal gov't policy over refugee health-care cuts unconstitutional: doctors' group in court case, The Globe and MailNDP labour critic calls for criminal charges for asbestos rule abusers, Vancouver SunOntario charities' 50/50 draws held back by 'single legal opinion', Toronto StarUnited StatesScope of arbitration agreements to be revisited by Supreme Court, ReutersBattle to bring class action suit continues against Wal-Mart as new suit filed in Wisconsin, ReutersInternationalLawyer… [read post]
13 Mar 2009, 8:49 pm
New Mortgage, et al., a U.S. [read post]
13 Mar 2007, 4:28 pm
New Century, a major subprime mortgage lender that does business with HSBC, Morgan Stanley, CitiGroup and Goldman Sachs is on the brink of bankruptcy, has all but been delisted by the NYSE and is being investigated by the SEC. [read post]
30 Dec 2014, 9:53 am
Morgan Stanley lawsuit asserts that Morgan Stanley pursued mortgage securitization policies and practices that, through their funding of now-defunct mortgage lender New Century Mortgage Company, resulted in a significant discriminatory impact on African-American borrowers in the Detroit metropolitan area, flooding the already highly segregated community with toxic, combined-risk subprime loans in the lead-up to the collapse of the housing market in… [read post]
7 Mar 2007, 4:56 am
Swiss bank UBS said it had exposure to troubled United States subprime lender New Century Financial, becoming the latest European bank to become embroiled in the U.S. mortgage market, Reuters reported. [read post]
