Search for: "New York State Mortgage Agency"
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1 Oct 2012, 12:24 pm
Goldman Sachs Group, Inc., et al. was announced out of the United States District Court, Southern District of New York. [read post]
1 Oct 2012, 12:24 pm
Goldman Sachs Group, Inc., et al. was announced out of the United States District Court, Southern District of New York. [read post]
7 Sep 2012, 7:12 pm
Reprinted, without comment (but with a little selective bolding to indicate some new additions to the curriculum), are the course offerings at 25-year (more or less) intervals between 1850-51 and 1950-51: 1850-1851: Agency; Corporations; Equity Jurisprudence; Blackstone; Evidence; Insurance; Law of Real Property; Roman Civil Law; Pleading; Wills and Administration; Equity Pleading; Kent’s Commentaries; Contracts; Arbitration; Bailments; Domestic Relations; Practice; Bills and… [read post]
6 Sep 2012, 1:53 am
Neither type of company is likely to contribute to job creation in the United States. [read post]
4 Sep 2012, 12:51 pm
On August 24, two summonses with notice were filed in New York state court against DB Structured Products, Inc. [read post]
22 Aug 2012, 9:33 am
Central Mortgage also added claims attacking 12,000 private loans (together with the new agency loans, "new loans"). [read post]
21 Aug 2012, 5:15 pm
Treasury, the IRS, and other government agencies in an attempt to discharge their tax and other debts. [read post]
21 Aug 2012, 8:00 am
In an interesting procedural decision, the United States District for the Southern District of New York certified an interlocutory appeal regarding the 2008 Housing and Economic Recovery Act (“HERA”), as to if the new statute displaced the statute of repose, generally, governing claims pursuant to the Securities Act of 1933. [read post]
20 Aug 2012, 2:00 am
At $904 billion as of the end of March 2012, the total amount of student loan debt is more than the amount of credit card debt in the United States, according to the New York Fed Quarterly Report (May 2012). [read post]
20 Aug 2012, 1:57 am
In the latest development in the long-running investor lawsuit involving the collapsed Cheyne Financial structured investment vehicle, Southern District of New York Judge Shira Scheindlin has held that the rating agency defendants in the case must face the investors’ claims for common law fraud under New York law. [read post]
16 Aug 2012, 8:21 am
According to the SEC's Complaint filed on July 18, 2012 in New York federal court, Mizuho was responsible for structuring and marketing Delphinus, a $1.6 billion CDO whose collateral mostly consisted of subprime residential mortgage backed securities ("RMBS"). [read post]
15 Aug 2012, 11:51 am
Court Rulings Litigation ensued but challenges to the FHFA in the Eastern and Southern Districts of New York and in Florida were uniformly unsuccessful. [read post]
14 Aug 2012, 6:00 am
DeMarco’s duty is plain: The housing agency is charged by Congress with minimizing the cost of bailing out Fannie and Freddie, which were seized by the government in 2008 to preserve their role as the primary source of financing for new mortgage loans. [read post]
9 Aug 2012, 5:55 pm
The question now is whether FHFA appeals the decision and whether a higher court needs to resolve the split with contrary PACE decisions by New York courts on the issue of standing. [read post]
8 Aug 2012, 9:30 pm
New York Times columnist and economist Paul Krugman even called for DeMarco to be fired in response to FHFA’s decision. [read post]
4 Aug 2012, 9:40 am
Attorney's Office in New York against Deutsche bank, the government alleged that the company had ignored every single red flag and disregarded due diligence prior to endorsing mortgages that were approved for federal insurance. [read post]
30 Jul 2012, 11:01 am
For those people, I note a July 27 story in MortgageOrg, California's Eminent Domain Advocates Take Plan To New York, which explains that MRP is also shopping the plan in New York. [read post]
30 Jul 2012, 8:12 am
On July 17, Judge Denise Cote of the United States District Court for the Southern District of New York ruled that the Federal Housing Finance Agency (“FHFA”) can pursue certain RMBS-related claims against affiliates of Residential Capital LLC (“ResCap”). [read post]
26 Jul 2012, 10:00 pm
HSH sued UBS in New York County Supreme Court, stating numerous claims, including negligent misrepresention and fraud. [read post]
24 Jul 2012, 10:43 pm
Many banks are reportedly looking to hire new ad agencies in response to their reputational losses, and no doubt there are plenty of consultants saying that it’s not too late for banks to regain what’s been lost. [read post]
