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5 Feb 2018, 5:01 am
They will not be able to commit to higher monthly mortgage payments, higher monthly rents, higher monthly car payments, or much of anything.Though those who pushed the unwise tax legislation through Congress claim that it will toss thousands of dollars into each household, no one should expect such a result, as I explained in Another Word for Fake Tax Math. [read post]
2 Jun 2014, 5:01 am
Had the folks at Enron, Adelphia, and the other poster children of corporate misbehavior, not done what they did, had the Wall Street speculators not pawned off bad mortgages, had the banks not mismanaged credit and use deregulation as a gateway to bad investment decisions, much of the regulatory increase of the past 20 years would have been unnecessary. [read post]
19 May 2012, 10:53 am
That kind of worst-case scenario analysis is why you're being paid millions of dollars. [read post]
28 Sep 2023, 9:22 am
’” If the CFPB’s funding scheme is constitutional, they caution, the implications would be breathtaking: Congress could “allocate, each year forever, up to a trillion dollars to an agency like the FBI or FTC, or even up to a quadrillion dollars for the President to fund as he deems fit the entire federal government besides the Army. [read post]
10 Jan 2015, 12:46 pm
A Chapter 13 can eliminate a second mortgage and any other unsecured debt left unpaid after the plan is completed. [read post]
16 Sep 2008, 12:14 pm
He has won multi-million dollar jury verdicts in trucking cases and lectures on trucking and insurance topics at national continuing legal education programs. [read post]
18 Oct 2011, 4:28 pm
The lawsuit, which was filed on October 13, 2011, names as defendants: MERSCORP, INC. and Mortgage Electronic Registration System, Inc., but also names: Home Savings and Loan Inc., Bank of America Corp, CCO Mortgage Corp, Chase Home Mortgage Corp, Citimortgage Inc, Corelogic, Corinthian Mortgage Corp, Everhome Mortgage Corp, GMAC, Guaranty Bank, HSBC Bank, MGIC Investors Services, Nationwide Advantage Mortgage, PMI Mortgage Services… [read post]
25 Feb 2019, 5:43 am
AFR also observed that private equity firms and institutional investors obtain billions of dollars from Fannie Mae to acquire manufactured home companies. [read post]
14 Aug 2009, 6:14 am
But to date, we have paid far too little attention to investigating and prosecuting the mortgage and corporate frauds that has so dramatically contributed to this economic collapse. [read post]
14 Aug 2009, 6:14 am
But to date, we have paid far too little attention to investigating and prosecuting the mortgage and corporate frauds that has so dramatically contributed to this economic collapse. [read post]
12 Aug 2009, 1:52 pm
But to date, we have paid far too little attention to investigating and prosecuting the mortgage and corporate frauds that has so dramatically contributed to this economic collapse. [read post]
14 Aug 2009, 6:05 am
But to date, we have paid far too little attention to investigating and prosecuting the mortgage and corporate frauds that has so dramatically contributed to this economic collapse. [read post]
15 Jun 2015, 9:32 am
The CFPB alleged, and the ALJ concluded, that PHH varied the number of mortgages it placed for insurance with mortgage insurers based on the insurers’ agreement to use Atrium as a reinsurer, thereby funneling mortgage insurance premium dollars back to Atrium. [read post]
22 Dec 2006, 1:26 am
Paul Muolo's "What We're Hearing" column in last weekend's edition of the National Mortgage News Daily Briefing (subscription required) relates a heart warming tale of the corporate responsibility one expects from a stand-up mortgage banker when the going gets tough. [read post]
14 Nov 2010, 5:25 pm
From the book website: This book tells the story of . . . subprime by chronicling the rise and fall of two corporate empires: Ameriquest and Lehman Brothers. . . . [read post]
30 Mar 2014, 9:59 pm
FHA All Day, as alleged in the indictment, moved its offices and changed the corporate name several times to avoid law enforcement scrutiny and to hamper consumer complaints. [read post]
24 Mar 2009, 8:16 am
In 2006, the new Mayor discontinued the service and the City assumed the debt of RFC, dissolved RFC and sold the ferry leaving a debt to Export Finance of 19.4 million dollars. [read post]
24 Mar 2009, 8:16 am
In 2006, the new Mayor discontinued the service and the City assumed the debt of RFC, dissolved RFC and sold the ferry leaving a debt to Export Finance of 19.4 million dollars. [read post]
14 Oct 2011, 6:14 am
’” Goldman also managed risk by sometimes taking positions opposite to the position of its clients such that when the subprime mortgage markets collapsed, Goldman actually profited more from its short positions than it lost from its long positions. [read post]
25 Apr 2011, 6:37 pm
As Professor John Witt has noted, that asterisk say that the damages can be paid in little tiny bankruptcy dollars. [read post]
