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27 Mar 2012, 12:56 am
One of the warm and fuzzy memories I had was reading about all those pension funds back home in the U.S. that had lost ginormous sums of money betting on mortgage-backed securities. [read post]
19 Sep 2011, 6:41 am
The Supreme Court found that Central Mortgage's contract breach claims survived under the more lenient Delaware standard. [read post]
27 Aug 2013, 4:08 am
It’s not the central point of the case, nor is it clear to what extent the contrary was argued, but, in the light of Malik, it is further evidence of which way the wind is blowing (indeed, the mortgage companies attempt to rely on their own A1/P1 rights).Thirdly, and by far the least important part, there is a salutory lesson in the importance of complying with directions. [read post]
27 Aug 2013, 4:08 am
It’s not the central point of the case, nor is it clear to what extent the contrary was argued, but, in the light of Malik, it is further evidence of which way the wind is blowing (indeed, the mortgage companies attempt to rely on their own A1/P1 rights).Thirdly, and by far the least important part, there is a salutory lesson in the importance of complying with directions. [read post]
31 Aug 2016, 6:46 am
Winning is only thing The attitude I’m encountering of seeing winning and losing as the central question isn’t confined to disputes with mortgage lenders. [read post]
8 Jul 2010, 12:15 pm
They were central players in the mortgage securitization business that bundled subprime, Alt-A, adjustable-rate and other doomed residential mortgages into the toxic structured products that imploded and led to the financial crisis. [read post]
9 Sep 2009, 1:01 pm
Now, the Chamber is rolling out an advertising campaign of at least $2 million aimed at defeating a central plank of the Obama administration's financial-regulation overhaul. [read post]
11 Mar 2008, 4:36 pm
Under the new program, money will be lent for 28 days and the central bank will accept nongovernment mortgage-backed securities - the source of the current crisis in the credit markets - as collateral. [read post]
1 Nov 2016, 9:54 am
The justices will be taking a trip back to Federal Courts class when they hear arguments next week in Lightfoot v Cendant Mortgage Corp. [read post]
22 Jan 2013, 7:06 am
Pfaelzer of the United States District Court for the Central District of California dismissed a $193 million suit brought by mutual fund Asset Management Fund against several Bank of America and several related entities, including Merrill Lynch and Countrywide Financial. [read post]
4 Apr 2017, 3:01 am
The third module of the survey aims to showcase the impacts of the low interest yield environment on new residential mortgage lending, pensions obligations and the development of standards for granting loans. [read post]
14 Apr 2008, 6:58 am
" In July, Magnus said that the U.S. subprime mortgage-market collapse might not be containable. [read post]
9 Feb 2016, 4:25 pm
Impac sued the D&O insurer in California state court, and the insurer removed the action to the Central District of California. [read post]
9 Mar 2010, 2:57 am
” The decreasing supply of public housing and “the progressive withdrawal of Government from the housing sector,” in tandem with “the promotion of private homeownership for lower-income households,” played a central role in the subprime mortgage crisis, Rolnik’s report asserted. [read post]
12 Oct 2009, 12:30 pm
Feuerstein, Esq. on behalf of Eastern Savings Bank; by Dennis Jose on behalf of GMAC Mortgage, LLC.; and by Bruce Weiner on behalf of Northeast Community Bank. [read post]
31 May 2010, 11:52 am
The federal government has launched a centralized website to provide consumers with financial information about a variety of subjects. [read post]
13 Feb 2010, 7:59 am
This certainly sounds plausible, but why did China invest in my mortgage instead of Google? [read post]
5 Jan 2012, 6:40 am
In Central States, Southeast and Southwest Areas Pension Fund v. [read post]
14 Jul 2017, 2:14 pm
Conversely, if the principal gave the agent the authority to encumber the property, in addition to selling it, the agent would be permitted to mortgage the property. [read post]
21 Aug 2007, 12:05 am
Per In re Wool Growers Central Storage Co., Slip Copy, 2007 WL 2088303 (Bankr.N.D.Tex. [read post]
