Search for: "Merrill Lynch Mortgage Investors, Inc." Results 21 - 40 of 82
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3 Jul 2012, 7:26 am by admin
The Fed eventually pressured the bank to raise more capital in the fall of 2008 and forced it to slash its quarterly dividend to a penny in early 2009 as the bank accepted a second slug of US aid to help complete a separate purchase of Merrill Lynch. [read post]
28 Jun 2012, 3:38 pm
The Financial Industry Regulatory Authority says that it is fining Merrill Lynch, Pierce, Fenner & Smith, Inc. $2.8M in the wake of certain alleged supervisory failures that the SRO says led to the financial firm billing clients unwarranted fees. [read post]
28 Apr 2012, 8:50 pm
Allstate has also filed RMBS lawsuits against other financial firms, including Merrill Lynch (MER) units, Citigroup Inc. [read post]
18 Apr 2012, 9:15 am by Mandelman
”   Investors lost trust…   During the summer of 2007, investors around the world lost trust in the mortgage-backed securities and their complex derivatives. [read post]
2 Apr 2012, 6:15 am by Mandelman
Milken, before getting into the mortgage business and going on to become a billionaire several times over. [read post]
27 Mar 2012, 8:13 pm
Read the Letter of Acceptance, Waiver, and Consent Citigroup Fined for Bond Markup, The Wall Street Journal, March 19, 2012 FINRA BrokerCheck® More Blog Posts: Securities Claims Accusing Merrill Lynch of Concealing Its Auction-Rate Securities Practices Are Dismissed by Appeals Court, Stockbroker Fraud Blog, November 30, 2011 Merrill Lynch Faces $1M FINRA Fine Over Texas Ponzi Scam by Former Registered Representative, Stockbroker Fraud Blog, October 10,… [read post]
23 Feb 2012, 8:55 pm
Goldman Sachs Mortgage-Backed Securities Suit Granted Class-Action Status, Bloomberg, February 3, 2012 $698 Million Class Can Sue Goldman, Courthouse News Service, February 7, 2012 More Blog Posts: Goldman Sachs CEO Hires Prominent Defense Attorney in the Wake of Justice Department Probe into Mortgage-Backed Securities, Institutional Investor Securities Fraud Blog, August 24, 2011 Mortgage-Backed Securities Lawsuit Against Bank of America’s… [read post]
14 Feb 2012, 1:03 pm
(Merrill Lynch and Bank of America Securities joined forces in 2008 when they were merged in an acquisition). [read post]
9 Jan 2012, 12:58 am by Kevin LaCroix
This settlement was followed in December with the $315 million settlement of the Merrill Lynch mortgage-backed securities case. [read post]
7 Jan 2012, 12:35 pm
Popper previously worked for four financial firms, including Merrill Lynch Pierce Fenner & Smith Inc. and Workman Securities Corp. [read post]
16 Dec 2011, 10:54 pm
(The 22 investors include the Federal Reserve Bank of New York, Black Rock Inc., Goldman Sachs Asset Management, MetLife Inc., and PIMCO). [read post]
6 Dec 2011, 4:55 pm
Bank of America, Corp. has agreed to pay investors $315 million to settle their class action claim accusing Merrill Lynch of misleading them about the risks involved in investing in mortgage-backed securities. [read post]
28 Nov 2011, 10:28 am
Rakoff has turned down the proposed $285M settlement between the SEC and Citigroup Global Markets Inc. [read post]
6 Nov 2011, 1:04 pm by Law Lady
The bank said Quinn Emanuel Urquhart & Sullivan should be removed because the partner had defended Merrill Lynch & Co. and its First Franklin Financial Corp. unit against similar charges that they made and sold defective mortgage loan. [read post]
18 Aug 2011, 7:49 pm
• Allstate’s lawsuit against Merrill Lynch involves the allegedly fraudulent sale of approximately $167 million of residential mortgage-backed securities. [read post]
6 Aug 2011, 5:02 pm
OppenheimerFunds Settles Mismanagement Case for $100 Million, Bloomberg Businessweek, July 26, 2011 OppenheimerFunds to pay $100 million to settle mismanagement case, Denver Post, July 27, 2011 More Blog Posts: Mortgage-Backed Securities Lawsuit Against Bank of America’s Merrill Lynch Now a Class Action Case, Stockbroker Fraud Blog, June 25, 2011 Class Members of Charles Schwab Corporation Securities Litigation Can Still Opt Out to File Individual Securities… [read post]
6 Jul 2011, 10:11 pm
Allstate has already sued several other brokerage firms for MBS fraud including: • Merrill Lynch (a Bank of America unit) • Countrywide (also a Bank of America units) • Citigroup Inc. [read post]
11 Mar 2011, 2:28 pm by admin
     Heightening concerns for some of them: Far fewer newly issued muni-bonds are insured now—6.2%, versus 57% in 2005, according to Bank of America Merrill Lynch. [read post]