Search for: "Secured Bankers Mortgage Company" Results 201 - 220 of 329
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29 Nov 2009, 3:53 am
 Borrowers didn’t fraudulently package mortgage backed securities and stand by as they were improperly rated AAA. [read post]
20 May 2018, 3:41 am by SHG
The impetus for the crash was junk securities based on untenable mortgages. [read post]
17 Dec 2010, 8:46 am by Mandelman
  In fact, considering everything that’s come to light over the last two years related to what our bankers did leading up to the meltdown, that sort of thinking at this point is just plain old idiotic. [read post]
28 Nov 2011, 7:54 am by Mandelman
  And let’s assume you’re right and within the mortgage-backed securities and CDOs that were sold to Eurobanks, there were a few loans leveraged to the hilt. [read post]
28 Dec 2010, 10:04 am by Mandelman
She says she is scared of her bank and its plentiful resources, so much so that she cannot even open its certified letters inquiring where her mortgage payments may be. [read post]
6 Oct 2010, 9:08 pm by Mandelman
Still other questions have been asked of foreclosure outsourcing company, Lender Processing Services (LPS), include why the signatures of the same person differ wildly on such documents The company’s documentation practices are stirring questions, including how the same employee can have wildly varying signatures on mortgage documents. [read post]
23 Jul 2012, 12:14 am by Kevin LaCroix
In a process overseen by the British Bankers’ Association, each morning a panel of large banks reports to Thomson Reuters the interest rates they would pay to borrow from other banks. [read post]
24 May 2022, 10:54 am by Michael Lowe
Mortgage Fraud as a Sub-Category of FIF The FBI considers mortgage fraud to be a “sub-category of FIF,” where “… some type of material misstatement, misrepresentation, or omission in relation to a mortgage loan which is then relied upon by a lender. [read post]
17 May 2009, 12:13 pm
The plan also makes it easier to transfer homes with so-called "upside down" values to their mortgage company. [read post]
15 Feb 2012, 10:17 pm by Mandelman
  The Fed bought the securities from AIG and had them in their Maiden Lane II… what do you call that sort of entity… shell company? [read post]
31 Oct 2011, 4:14 am by Mandelman
  I’m only asking because it’s hard for me to imagine that there’s anyone, at this stage of what’s definitely not a game, that wouldn’t readily agree, the American Bankers and Mortgage Bankers Associations, Financial Services Roundtable, and American Securitization Forum, et al, notwithstanding. [read post]
24 Jul 2020, 6:23 am by John Jascob
Complex and opaque mortgage-related securities, and derivatives based on those securities, embedded and concealed risk throughout the financial system.When the bubble burst starting in late 2007, hundreds of billions of dollars in losses in mortgages and mortgage-related securities sent a shock wave through markets around the world, compounded by derivatives losses. [read post]
2 Apr 2012, 6:15 am by Mandelman
What follows below are slides from an actual presentation of a Residential Mortgage-backed Securities – RMBS/REMIC deal… but NOT the slides from a “road show” presentation to potential investors… what you’re about to see are slides from an INTERNAL meeting that was actually held back in February of 2006 when WMC Mortgage’s management presented the company’s second RMBS securitization deal to the management from… [read post]
25 Jan 2010, 6:48 am by admin
Dolly claimed that via securitization, she could spin straw (unrated mortgage instruments) into gold (ratable securities), which her father the miller (major public banks) sold to Cassius King and his extended family, at vast profits. [read post]
5 May 2010, 8:59 am by Thom Lambert
Homeowners began defaulting on their mortgages, many of which had been sold off and packaged into securities that were purchased by financial institutions. [read post]
18 Sep 2011, 4:29 pm by Richard Posner
  Of course more than mistakes by economists were involved; the pressure of the banking industry for deregulation and light enforcement of the remaining regulations was intense, because the bankers wanted to be allowed to take more risk so that the expected return would be greater. [read post]
30 Jul 2014, 12:31 am by Alexandra Hamilton
Mortgage Bankers Association, the Supreme Court will review a case involving an agency’s interpretive rule that the D.C. [read post]