Search for: "Subprime Lenders, Inc." Results 1 - 20 of 122
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7 Feb 2007, 9:56 am
Mortgage Lenders Network USA Inc, the 15th-largest subprime mortgage lender in the United States, has filed for Chapter 11 bankruptcy protection. [read post]
14 Apr 2011, 12:20 pm by Securites Lawprof
The SEC filed a civil injunctive action today charging Massachusetts-based subprime auto loan provider Inofin Inc. and three company executives with misleading investors about their lending activities and diverting millions of dollars in investor funds for their personal benefit. [read post]
16 Jun 2014, 7:01 am
They package the loans into securities that can be sold to investors, just as they did for subprime mortgage lenders. [read post]
30 May 2011, 6:30 am by Mark J. Astarita, Esq.
SEC Charges Subprime Auto Loan Lender and Executives with Fraud; 2011-92; April 13, 2011 The Securities and Exchange Commission today charged Massachusetts-based subprime auto loan provider Inofin Inc. and three company executives with misleading investors about their lending activities and diverting millions of dollars in investor funds for their personal benefit. [read post]
7 Jul 2009, 6:00 am
The common practice has been to blame subprime mortgage lenders and the so-called 'liar loans.' However, an analysis of loan-level data from McDash Analytics, a component of Lender Processing Services Inc., paints a vastly different picture. [read post]
3 Jan 2007, 1:12 am
Subprime mortgage lender Ownit Mortgage Solutions Inc. has filed for Chapter 11 bankruptcy protection at the U.S. [read post]
25 Apr 2007, 7:17 am
Thousands of people are being laid off in Orange County and Indianopolis, corporate headquarters for the biggest subprime lenders. [read post]
24 Aug 2009, 5:30 am
In the post subprime meltdown, SunTrust is such a great name for a lender funding loans through mortgage brokers. [read post]
15 Oct 2007, 8:19 am
"It's almost as if subprime lenders put a circle around neighborhoods of color and say, ‘This is where we're going to do our thing,'" said Robert Stroup, a lawyer and the director of the economic justice program at the NAACP Legal Defense and Educational Fund Inc. [read post]
19 Sep 2007, 8:38 am
  Lehman Brothers Shuts Down Its Subprime Branch:  In late August of this year, Lehman Brothers Holdings Inc. announced that it is shutting down its subprime-lending unit. [read post]
12 May 2011, 7:33 am
On April 14, 2011, the Securities and Exchange Commission (SEC) announced that it filed a civil injunctive action in federal district court in Massachusetts charging Massachusetts-based subprime auto loan provider Inofin Inc. and three company executives with misleading investors about their lending activities and diverting millions of dollars in investor funds for their personal benefit. [read post]
2 Dec 2007, 8:36 pm
While everyone wails and gnashes their teeth over boneheaded subprime borrowers and the venal lenders who enabled their credit overdose, not many people have paid attention to homebuilders who are running afoul of financial covenants in their loan agreements with their commercial lenders. [read post]
11 Mar 2009, 12:12 pm
Jeff started off my showing how much complicated the picture is for securitized lending compared to traditional lend hold lenders. [read post]
23 Aug 2007, 3:40 pm
  Soon after, there was a rise in foreclosures, which resulted in subprime mortgage lenders shutting down or filing for bankruptcy. [read post]
23 Aug 2007, 9:13 pm
Chuckles Schumer interrupted his vacation yesterday to  jawbone big banks for money (paid subscription required).The roughly 40 lenders he wrote included Citigroup Inc., Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Countrywide Financial Corp., and Washington Mutual Inc. [read post]
31 Mar 2010, 4:33 pm by Chere Estrin
This subprime mortgage scam cost lenders roughly $11.6 million. [read post]