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18 Nov 2016, 7:37 am by Scott Sweatman
The Fall 2016 Corporate Knights article, Credit ratings and climate change, cited a 2015 report from the Center for International Environmental Law, which accused the rating agencies of repeating their risk analysis mistakes from the sub-prime mortgage debacle when it comes to fossil fuel investments: “In assuming a business as usual scenario, rating agencies may be artificially inflating the credit ratings and financial value of companies that contribute to… [read post]
8 Nov 2016, 4:09 am by Edith Roberts
Cendant Mortgage Corporation, which asks whether Fannie Mae’s charter confers federal jurisdiction over cases in which Fannie Mae is a party, and which Ronald Mann previewed for this blog. [read post]
12 Oct 2016, 9:41 am by Rich Vetstein
Government, other than the President,” a federal appeals court ruled yesterday in the case of PHH Corporation v. [read post]
7 Oct 2016, 6:01 am
Posted by HLS Forum on Corporate Governance and Financial Regulation, on Friday, October 7, 2016 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 30–October 6, 2016. [read post]
15 Sep 2016, 12:56 pm by Kendal Schoepfer
According to authorities, the two men convinced homeowners to stop paying their mortgages and to ignore notices from their mortgage holders to let them negotiate with the lenders. [read post]
7 Sep 2016, 11:38 am
Because government enforcement agencies lack the resources to police every instance of financial fraud, consumer class actions serve as a necessary check to ensure a fair and competitive financial market. [read post]
31 Aug 2016, 9:30 pm by Michael A. Fletcher II
Not only did the downturn in home mortgages affect the banks that relied on mortgage payments as a stream of revenue, other industries endured crisis as well. [read post]
19 Aug 2016, 4:25 pm by Steven Boutwell
There is no guarantee that you will receive assistance from a given creditor, but you may rest assured you will not receive assistance if you don’t apply for it. _________________________________________________________ [1] The Federal Home Loan Mortgage Corporation (“Freddie Mac”) and the Federal National Mortgage Association (“Fannie Mae”) are government-sponsored entities which together own or guarantee payment on approximately 60% of the… [read post]
16 Aug 2016, 7:52 am by John Jascob
When an insured credit union is in danger of failing, the NCUA has the authority to step in as a conservator to preserve the credit union’s assets and to protect the insurance fund.Before its failure, Wescorp was the second largest corporate credit union in the United States and, like many financial institutions before the collapse of the housing market, Wescorp invested in RMBS, which are securities backed by thousands of individual residential mortgages. [read post]
15 Aug 2016, 4:31 pm by Michael B. Stack
I was out of work after being laid off in the mortgage industry and they (Sedgwick) found my resume posted and contacted me. [read post]
15 Aug 2016, 2:33 pm by John Chierichella
The trustees and proxies run the cleared company independently, and are subject to the foreign owners’ control only in relation to the following “life or death” corporate decisions:  (i) the sale or disposal of all or a substantial part of the company’s assets, (ii) pledges, mortgages, or encumbrances on the capital stock, (iii) corporate mergers, consolidations, or reorganizations, (iv) dissolution, or (v) a declaration of bankruptcy. [read post]
15 Aug 2016, 2:11 pm by John Chierichella and Keith Szeliga
The trustees and proxies run the cleared company independently, and are subject to the foreign owners’ control only in relation to the following “life or death” corporate decisions:  (i) the sale or disposal of all or a substantial part of the company’s assets, (ii) pledges, mortgages, or encumbrances on the capital stock, (iii) corporate mergers, consolidations, or reorganizations, (iv) dissolution, or (v) a declaration of bankruptcy. [read post]
15 Aug 2016, 9:41 am by Kendall Russ
On August 8, 2016, S&P published its methodology for rating corporate cash flow and synthetic collateralized debt obligations (CDOs). [read post]
3 Aug 2016, 1:00 pm
The agency’s notice of proposed rulemaking concludes that regulations restricting or prohibiting the use of forced arbitration serve the public interest, provide necessary protection for consumers, and are consistent with the findings in its study. [read post]
28 Jun 2016, 8:47 am by Lyle Denniston
Cendant Mortgage Corp., involves an appeal by two Californians, involved in a mortgage dispute. [read post]