Search for: "Security National Mortgage"
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25 Aug 2010, 8:37 am
Mozilo, former chief executive of Countrywide Financial, promises to feature the aggressive mortgage practices of what was then the nation's largest mortgage lender. [read post]
18 Jul 2019, 7:58 am
Mortgage-backed securities issued by the Government National Mortgage Association, a U.S government agency guarantee that investors receive timely payments. [read post]
17 Jul 2013, 2:51 pm
The National Credit Reporting Association (NCRA), the National Association of Mortgage Brokers (NAMB), the Mortgage Guaranty Insurance Corporation (MGIC) and Fair Issac (FICO) have agreements with PRBC to help homeowners report their mortgage payments. [read post]
2 Sep 2011, 1:55 pm
Federal regulators filed suits on Friday against several of the nation's leading banks, seeking billions in compensation for huge losses by Fannie Mae and Freddie Mac on mortgage-backed securities the banks assembled during the housing boom. [read post]
17 Mar 2010, 12:09 am
The Federal Reserve on Tuesday affirmed its plan to stop buying mortgage-backed securities, expressing a degree of confidence that it could eliminate that pillar of support without undermining the nation's economic recovery. [read post]
23 Jun 2011, 9:52 pm
This week, the National Credit Union Administration Board filed two securities fraud lawsuits accusing a number of financial institutions of misrepresenting the risks involved in the mortgage-securities that they sold to investors. [read post]
31 May 2012, 7:16 am
He was the guy who packaged mortgages from different banks into mortgage backed securities for sale to Wall Street. [read post]
23 Dec 2012, 11:55 am
It rewards a plaintiff that pleads its claim broadly and would unjustifiably multiply defendants’ potential liability under the Securities Act, further burdening already busy courts and resulting in increased vexatious litigation and coercive settlements to the detriment of the nation’seconomy.Amici also predicted that the Second Circuit’s decision, if left intact, would not be limited in application to litigation involving mortgage-backed… [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]
15 Nov 2011, 10:15 am
The National Credit Union Administration (NCUA) announced that it has reached settlements with Citigroup and Deutsche Bank regarding potential claims relating to the sale of residential mortgage-backed securities to five failed wholesale credit unions. [read post]
14 Sep 2010, 3:25 am
Royal Bank of Scotland, the British lender effectively nationalized in the wake of the financial crisis, is planning a £4.7 billion ($7.2 billion) offering of mortgage-backed securities, in a move that may presage the recovery of a sector deeply implicated in the financial collapse. [read post]
9 Apr 2019, 3:45 pm
In an assurance of discontinuance filed in Suffolk Superior Court, […] The post AG Secures $2 Million from National Mortgage Servicer Over Unfair & Unaffordable Loan Modifications appeared first on Mortgage Fraud Blog. [read post]
27 Jan 2009, 5:41 am
This is because the market is currently discounting the value of mortgage-backed securities far more than necessary, if the mortgages can be properly restructured instead of massively foreclosed. [read post]
7 Aug 2012, 3:15 pm
Admiralty -- Mortgages -- Preferred mortgage -- In rem admiralty action to foreclose a first preferred ship mortgage claimed by mortgagee bank on defendant vessel, which was assigned second identification number after execution of mortgage, documented under different name, and sold to third-party purchaser for value, all without notice to bank -- Third-party purchaser for value claims competing ownership interest in defendant vessel as subsequent innocent… [read post]
20 Dec 2011, 9:12 pm
News release: "The Securities and Exchange Commission [December 16, 2011] charged six former top executives of the Federal National Mortgage... [read post]
15 May 2019, 8:24 am
In the wake of the mortgage crisis tsunami that swept the nation in 2008 – at an estimated loss to Americans of about $8 trillion in equity alone – it’s no wonder that authorities seem a bit “jumpy” at any sign of mortgage fraud. [read post]
20 May 2022, 11:57 am
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington. [read post]
7 Sep 2012, 1:12 am
For example, mortgage issued by National City Mortgage Corp. backed six of the seventeen offerings, and Countrywide originated mortgages backed five of the offerings and so on. [read post]
7 Sep 2012, 1:12 am
For example, mortgage issued by National City Mortgage Corp. backed six of the seventeen offerings, and Countrywide originated mortgages backed five of the offerings and so on. [read post]
11 Aug 2011, 1:02 am
In the latest eye-popping subprime-related securities class action lawsuit settlement, the parties to the National City Corporation securities class action lawsuit have agreed to settle the case for $168 million. [read post]
