Search for: "Washington Mutual Bank Mortgage Securities" Results 1 - 20 of 156
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11 Jun 2024, 9:01 pm by renholding
The SEC has nearly 5,000 staff here in Washington and in regional offices across the nation. [read post]
23 May 2023, 9:05 pm by renholding
Citibank, Bank of America, Wachovia, and Washington Mutual all failed in 2008 (three were bailed out and one was seized and sold) because managers fatally misunderstood mortgage risk. [read post]
5 Apr 2023, 9:01 pm by renholding
We oversee broker-dealers, stock exchanges, clearinghouses, mutual funds, asset managers, and public company issuers, among other participants in our financial markets. [read post]
12 Mar 2023, 6:42 am by Kevin LaCroix
(At the time of its closure, Washington Mutual had assets of $307 billion.) [read post]
11 May 2022, 9:01 pm by Gary Gensler
” [1] The financial crisis had many chapters, but a form of security-based swaps — credit default swaps, particularly those used in the mortgage market — played an important role throughout the story. [read post]
21 Jan 2022, 2:17 pm by luiza
Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, NatWest Markets Securities Inc., and Washington Mutual Mortgage Securities Corp., resolving allegations that the banks did not adequately disclose the characteristics of certain mortgage-backed securities sold to New Mexico pension funds and a state-run investment council between 2003 and 2010. [read post]
21 Jan 2022, 2:17 pm by luiza
Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, NatWest Markets Securities Inc., and Washington Mutual Mortgage Securities Corp., resolving allegations that the banks did not adequately disclose the characteristics of certain mortgage-backed securities sold to New Mexico pension funds and a state-run investment council between 2003 and 2010. [read post]
17 Dec 2020, 7:54 am by Philip R. Stein
Subpoenas issued by FDIC as Receiver for WAMU: We are aware of recent subpoenas sent to residential mortgage originators/sellers by the FDIC in its capacity as Receiver for Washington Mutual (WAMU). [read post]
16 Jan 2018, 1:13 pm by Elizabeth A. Khalil
The rule requires covered financial institutions (federally regulated banks and federally insured credit unions; mutual funds; brokers or dealers in securities; futures commission merchants; and introducing brokers in commodities) to identify and verify the identity of beneficial owners of legal entity customers, subject to certain exclusions and exemptions. [read post]
28 Nov 2017, 11:41 am by Mohamed Al-Hendy
Nov. 13, 2017) addressed the issue of “direct” versus “indirect” losses in a dispute under a financial institution bond issued by Arch Insurance Company (Arch) to Washington Mutual Bank (WaMu). [read post]
28 Nov 2017, 11:41 am by Mohamed Al-Hendy and Tae Andrews
Nov. 13, 2017) addressed the issue of “direct” versus “indirect” losses in a dispute under a financial institution bond issued by Arch Insurance Company (Arch) to Washington Mutual Bank (WaMu). [read post]
21 Feb 2017, 1:58 pm by Jonathan H. Adler
Banks then used these risky mortgages to underwrite highly-profitable mortgage-backed securities — bundled mortgages — which hedge funds and other investors later bought and sold, further stoking demand for ever-riskier mortgages at ever-higher interest rates. [read post]
27 Jan 2017, 6:08 am
Evidence from Unicorns Posted by Yao Zeng, University of Washington, on Monday, January 23, 2017 Tags: Boards of Directors, Capital formation, Cash flows, Dual-class stock, Institutional Investors, Liquidity, Mutual funds, Oversight, Private equity, Private firms, Risk, Tech companies, Venture capital firms “Fair Value” to be Determined by Merger Price—Merion v. [read post]
6 Sep 2016, 2:42 pm by Larry Tolchinsky
Barnett on May 25, 2010, the plaintiff described itself as “Bank of America, as Successor by Merger to LaSalle Bank, National Association, as Trustee for Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-11. [read post]
5 May 2016, 7:46 am by WOLFGANG DEMINO
Many consumer financial products like credit cards and bank accounts have contract gotchas that generally prevent consumers from joining together to sue their bank or financial company for wrongdoing. [read post]
14 Mar 2016, 2:56 am by Kevin LaCroix
Nationwide Mutual Insurance Company,[3] the Maryland district court held that when a law firm reimburses a customer trust account for which one of the law firm’s partners was the trustee, such loss would be considered a loss under both the “Direct means Direct” and “Proximate Cause” opinions. [read post]