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14 Feb 2011, 3:54 pm by info
The result, said Stern, is “now you have to look at all these people who have had their houses foreclosed, and you’re opening the floodgates. [read post]
27 Sep 2007, 5:06 am
The Securities and Exchange Commission has opened an investigation into whether the credit-rating agencies improperly inflated their ratings of mortgage-backed securities because of possible conflicts of interest, the head of the commission told Congress on Wednesday. [read post]
7 Sep 2008, 6:10 pm
The Treasury Department seized control of Fannie Mae and Freddie Mac, the giant quasi-public mortgage finance companies, on Sunday and announced a four-part rescue plan that included an open-ended guarantee to provide as much capital as they need to stave off insolvency. [read post]
27 Mar 2020, 2:12 pm by Ryan Grotz
The Indiana Supreme Court recently held that there are important legal differences between closed-end installment contracts (such as ordinary mortgage loans) and open-end accounts (such as HELOCs) when considering statute of limitations, and there is no need to impose a rule of reasonableness when a lender sues for payment on a closed-end installment contract. [read post]
30 Apr 2010, 2:38 pm by Securites Lawprof
According to the Washington Post, the Justice Dept. opened a criminal investigation into possible securities fraud violations involving mortgage trading at Goldman Sachs prior to the SEC's filing of its civil action. [read post]
13 Mar 2007, 4:46 am
New Century, one of the biggest mortgage lenders to borrowers with weak, or subprime, [...] [read post]
14 Jun 2011, 6:29 am by Juliette Passer, Esq.
Panama briefs by Juliette Passer: The Trump Ocean Club is set to open this summer in Panama City – beware of fraudulent emails offering closing and mortgage services! [read post]
14 Jan 2008, 9:13 am
Here is a fascinating article comparing the Federal Reserve Board's Federal Open Market Committee (FOMC) response to the now-global crisis stemming from the U.S. mortgage meltdown with the response of the Bank of England (BOE) and the European Central Bank... [read post]
24 Sep 2010, 9:18 am
  Fair rental value (FRV) is what you would expect to pay monthly to rent the same or a similar property on the open market in an arm's length tranactions. [read post]
7 Jun 2012, 6:00 pm by Craig Robins
”   It appears that the Caceres family does not have an attorney who is assisting them, so Newsday stepped in, contacted IndyMac Bank, and persuaded them to re-open their file. [read post]
  Essential Businesses, which include banks and other financial institutions, are permitted to stay open. [read post]
19 May 2010, 3:29 pm by Rich Vetstein
Inquire within for current Mortgage Interest Rates. bc@SmarterBorrowing.com 617.771.5021 Economic Data Wednesday’s bond market initially opened in negative territory but has since erased those gains as stock prices started to fall. [read post]
12 Dec 2011, 5:36 am by Rich Vetstein
But a weak open in stocks could lead to slightly lower mortgage rates tomorrow. [read post]
11 Jul 2012, 10:50 am by James Hamilton
It will leave the door open to known types of abusive lending and will predictably encourage the emergence of adjustable rate mortgages timed to reset at the end of six years instead of five. [read post]
16 Feb 2008, 12:13 am
According to Bloomberg, Morgan Stanley and Bear Stearns Cos. sold the first commercial mortgage backed security of the year: Morgan Stanley Sells First Commercial Mortgage Security of 2008.It was a $1.2 billion dollar package of which $630 million was in the senior position. [read post]
11 Jun 2009, 6:24 am
  You should keep open accounts (both loans and credit cards) but with modest limits and never exceed 30% of their limit, being sure to pay them off in full at the end of every month. [read post]