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15 May 2012, 1:33 am
The NRCMS is a large state subsidized and linked micro-insurance system with premiums apparently exceeding RMB 100 billion and covering about 800 million people.In order to ensure the efficient management of NRCMS, the PRC Government has recently allowed commercial insurers to enlist to help run the scheme and assist in matters such as certifying insurance claims. [read post]
29 Apr 2013, 7:45 am
., Bank of America, Citigroup and Deutsche Bank AG related to the sale of RMBS originated by Countrywide. [read post]
30 May 2008, 1:03 am
The Fund plans to raise a capital of 5 billion RMB yuan. [read post]
10 Nov 2006, 2:00 pm
Jews for Jesus, Case No. 06 Civ. 6433 (RMB) (SDNY Nov. 8, 2006) [available on PACER- subscription needed], a New York federal district judge denied a preliminary injunction to comedian Jackie Mason who claims that Jews for Jesus misappropriated his image for advertising and trade purposes on a pamphlet it distributed seeking to convince Jews to accept Jesus as their savior. [read post]
13 Mar 2014, 12:57 pm
RMBS securities model and rating methodology. [read post]
10 Apr 2017, 1:38 pm
On April 4, 2017, DBRS updated its methodology for rating U.S. residential mortgage-backed securities (RMBS). [read post]
5 Aug 2016, 11:54 am
The case was initially brought by Federal Housing Finance Agency (“FHFA”), as conservator of an RMBS certificateholder. [read post]
16 Sep 2009, 4:44 pm
., CV-04-01035-RMB (9th Cir. [read post]
21 Aug 2015, 2:02 pm
The proposed settlement would conclude lawsuits in which NECA and PFRS alleged that Goldman Sachs had made numerous misstatements about the loans underlying $6 billion in RMBS offerings. [read post]
4 Feb 2013, 7:27 am
The Trustee alleges that Deutsche Bank breached representations and warranties regarding originator underwriting standards applied to the loans underlying the RMBS, no misrepresentation or fraud in the origination of the loans, and no material defects in the loans. [read post]
12 Jan 2015, 12:32 pm
On December 27, Ambac Assurance Corporation filed a complaint against several Countrywide entities and Bank of America Corporation in New York state court, seeking to recover at least $600 million in damages in connection with claims payments Ambac allegedly made under insurance policies it issued on eight RMBS trusts. [read post]
26 Oct 2014, 1:47 am
Not long afterwards, he was recruited by the Centre for Optical and Electronic Research (COER) at South China University, at a salary of RMB 133,333 ($21,762) per month — three times his tenured position at the University of St. [read post]
26 Oct 2014, 1:47 am
Not long afterwards, he was recruited by the Centre for Optical and Electronic Research (COER) at South China University, at a salary of RMB 133,333 ($21,762) per month — three times his tenured position at the University of St. [read post]
30 Jul 2012, 8:17 am
On July 23, Judge Barbara Kapnick of the Supreme Court of the State of New York approved the withdrawal of Walnut Place LLP’s opposition to Bank of America’s $8.5 billion settlement with holders of Countrywide RMBS. [read post]
16 Oct 2018, 2:03 pm
Nomura Holding America Inc. and several of its affiliates (“Nomura”) have reached an agreement with the United States where it will pay a $480 million penalty to resolve federal civil claims that Nomura misled investors in connection with the marketing, sale and issuance of residential mortgage-backed securities (“RMBS”) between 2006 and 2007. [read post]
25 Aug 2014, 6:00 am
The SEC announced a settlement in which Bank of America admits that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage loans.Bank of America also is resolving securities fraud charges that the SEC filed last year related to a residential mortgage-backed securities (RMBS) offering.Bank of America has agreed to settle the two cases by paying $245 million as part of a major global… [read post]
24 Jun 2024, 4:06 pm
Murphy, No.1:23-cv-12601-RMB-EAP (D.N.J.). [read post]
3 Apr 2015, 3:52 pm
’s motion to dismiss claims brought by First National Bank and Trust Co. of Rochelle, Illinois arising out of First National’s purchase of certain RMBS certificates. [read post]
7 Dec 2021, 2:16 pm
