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Guaranteed Rate’s business, the Court reasoned, was issuing loans, not maintaining compliance with quality-control standards. [read post]
15 Jun 2020, 12:50 pm by William K. Berenson
We believe that this result represents the high caliber of legal services that we have provided injured Texans for the past 40 years. [read post]
9 Sep 2010, 8:29 am by Mark Bello of Lawsuit Financial Corp.
Litigation funding is money given in advance of an expected settlement or jury verdict; legal finance services are easy to apply for, requires no credit check or employment history, requires no upfront fees or costs, and not monthly payment need be made. 'Lawsuit loan' companies, as some call us, look only to the value and quality of the lawsuit for collateral. [read post]
30 Jul 2011, 2:31 am by Tomassi Law Associates
The Fund pursues these investment objectives by investing primarily in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund’s investment sub-advisor, offer an attractive combination of credit quality, yield and maturity. [read post]
10 Nov 2011, 8:21 am by James Hamilton
The cover pool assets are typically actively managed, he noted, thereby ensuring that high-quality assets are in the cover pool at all times and providing a mechanism for loan modifications and workouts. [read post]
16 Sep 2012, 10:31 pm by Leland E. Beck
  The 2012 Real Estate Settlement Procedures Act (Regulation X) Mortgage Servicing Proposal would implement the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), requesting comment on seven mortgage servicing obligations: correct errors asserted by mortgage loan borrowers; provide information requested by mortgage loan borrowers; ensure that a reasonable basis exists to obtain force-placed insurance; establish reasonable information… [read post]
ASIC publishes expectations of retail lenders when loan repayment deferrals due to COVID-19 cease ASIC has reiterated its expectations of lenders in order to provide fair and appropriate outcomes to consumers where their 6 month loan repayments due to COVID-19 are expiring over the next few months. [read post]
24 Oct 2018, 5:53 am by John Jascob
ITT Educational Services, where the CEO and CFO agreed to pay civil penalties for concealing the poor performance and looming financial impact of two student loan programs that ITT financially guaranteed. [read post]
15 Apr 2010, 2:53 am by Kevin LaCroix
The plaintiffs alleged that the company "loosened its underwriting standards and policies in response to slowing loan originations and shifted from its stated focus on conservative risk management to attempting to profit by selling poor quality loans. [read post]
3 Mar 2015, 11:33 am by Matthew Schwencke
Forced arbitration occurs when a company selling a product or service requires the consumer to submit to certain terms as a condition of ownership. [read post]
13 Feb 2012, 10:54 pm by Stu Ellis
  “The Rural Utility Services Electric Loan Program and High Energy Cost Grants program are duplicative, having similar goals to provide reasonably priced electric service to rural residents. [read post]
2 Nov 2023, 11:27 am by Ruck DeMinico and Chip Merlin
ARS in fact loaned MMA $3,000,000 with the expectation that MMA would refer ARS… over $10,000,000 in work. [read post]
21 Dec 2011, 8:02 pm by Frank Pasquale
A certain amount of the everything-for-sale quality of our public spaces owes directly to the Court’s protection of commercial speech. [read post]
26 Jun 2009, 11:32 am
Yet packages of these toxic auto loans were simultaneously being bundled and sold as derivatives by banks, spreading the damage throughout the financial services and wider economy. [read post]
2 Dec 2009, 2:51 pm
 BWHAHAHAHA… We are asking that all servicers move rapidly to expand servicing capacity and improve the execution quality of loan modifications. [read post]
20 Nov 2010, 12:09 pm by Kenneth Anderson
 The New York Times and the Economist each have good stories this week on the crisis in India for a company that went public in India as a microfinance lender. [read post]
15 Sep 2017, 9:38 am by Jeremy C. Sairsingh
The report also cites fair lending concerns identified during examinations of mortgage servicers relating to data quality issues and “a lack of readily-accessible information” concerning borrower characteristics. [read post]
16 Jan 2012, 12:05 am by Kevin LaCroix
  In concluding that GE’s CFO Keith Sherin acted with scienter with respect to certain statements about the quality of the company’s loan asset portfolio, Judge Holwell essentially said that the plaintiffs had adequately alleged that Sherin should have known the extent to which GE Capital had made extensive loans to lower quality borrowers. [read post]