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17 Aug 2018, 3:14 pm by ncharles
By the C|C Whistleblower Lawyer Team This week’s Department of Justice “Catch of the Week” goes to The Royal Bank of Scotland Group plc (RBS), who agreed to pay $4.9 billion to settle claims that RBS misled investors in the underwriting and issuing of residential mortgage-backed securities (RMBS) between 2005 and 2008. [read post]
25 Mar 2011, 6:42 am
One advocate told HousingWire that this is a major reason for the mortgage crisis, and we agree. [read post]
24 Jun 2008, 5:16 pm
The Securities and Exchange Commission has charged two former Bear Stearns Asset Management portfolio managers for fraudulently misleading investors about the financial state of the firm's two largest hedge funds and their exposure to subprime mortgage-backed securities before the collapse of the funds in June  2007. [read post]
7 Apr 2010, 3:27 pm by Page Perry LLC
In 2006 and 2007, Goldman Sachs Group sold over $40 billion in residential mortgage backed securities (RMBS) backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would cause those securities to plummet in value. [read post]
20 Jul 2009, 11:14 pm
Related Web Resources: High-Profile Investor Sues Carlyle Group, Forbes.com, July 13, 2009 Carlyle Sued Over Fund's Losses, Forbes.com, July 13, 2009 [read post]
10 Jun 2014, 11:37 am by Bill Ward
The financial industry views eminent domain as a slippery slope because it penalizes those who save and invest, and violates the rights of investors who may not receive the fair market value of the mortgage. [read post]
29 Jan 2008, 8:27 am
Both groups are trying to influence the bankruptcy legislation being considered in Congress at a hearing today. [read post]
9 Jul 2008, 6:03 pm
Federal prosecutors, ramping up criminal probes stemming from the credit crunch, are investigating whether two former Credit Suisse Group brokers lied to investors about how they placed their money into short-term securities. [read post]
28 Aug 2017, 3:00 am by Biglaw Investor
In the past, the real estate investor worked with a group of private lenders (often wealthy individuals) that know and trust the real estate investor. [read post]
5 May 2020, 11:05 am by Renae Lloyd
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. [read post]
2 Nov 2018, 4:36 pm by InvestorLawyers
Investors who have lost money in Woodbridge Wealth or in any of the Woodbridge Mortgage Funds may be able to pursue recovery of their losses through securities litigation or arbitration. [read post]
12 Apr 2016, 5:17 pm by Sabrina I. Pacifici
  “This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” said Acting Associate Attorney General Stuart F. [read post]
11 Feb 2008, 7:10 am
As the fallout from the tightening in residential mortgage lending and sub-prime segment continues to unfold, RiskMetrics Group's Financial Research and Analysis team continues to closely monitor the performance of credit card master trusts. [read post]
21 Jul 2018, 6:44 am by Staff Attorney
  The SEC alleges that between 2014 and 2017, Borland sold more than $21 million of promissory notes in two companies – Borland Capital Group LLC and Belize Infrastructure Fund I, LLC – to dozens of investors as bridge financing for development of an international airport in Placencia, Belize. [read post]
29 Mar 2008, 7:48 am
Is the commercial mortgage-backed securities market the next shoe to drop? [read post]
25 Oct 2007, 1:05 pm
House Bill Would Impose Liability on Mortgage-Backed SecuritizersA comprehensive bill to combat abuses in the mortgage lending market and provide basic protections to mortgage consumers and investors has been introduced by House Financial Services Chair Barney Frank. [read post]
15 Oct 2012, 6:58 am by Jonathan Alper
    There is a group of Florida investors who are working with homeowners  to protect the homeowners from these unexpected costs involved in surrendering their property. [read post]
11 May 2012, 3:09 pm
Harborview Mortgage Loan Trust 2006-4 (PDF) More Blog Posts: Morgan Stanley Sued by MetLife for Securities Fraud Over $757 Million in Residential Mortgage-Backed Securities, Institutional Investor Securities Blog, April 28, 2012 H & R Block Subsidiary Option One Mortgage Corporation to Pay $28.2M to Residential Mortgage-Backed Securities Investors, Institutional Investor Securities Blog, April 25, 2012 FDIC Objects to Bank of… [read post]