Search for: "Mortgage Guaranty Insurance Corporation"
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2 May 2008, 10:45 am
The CDOs insured by Financial Guaranty included those backed by subprime mortgages. [read post]
10 Jul 2017, 2:35 pm
State Housing Finance Agencies: Single-Family Mortgage Program Rating Criteria. [read post]
11 Mar 2009, 2:22 am
The frenzy to supply investors with more certificates also encouraged the guaranty companies to assume borrowers’ loan fees and offer bonuses to brokers for mortgages. [read post]
3 Dec 2011, 9:56 am
Bankruptcy Court, Middle District of Florida, Tampa Division.Bankruptcy -- Dismissal -- Chapter 7 -- Abuse -- Considering totality of circumstances, granting relief to debtor would constitute substantial abuse of bankruptcy process as set forth in 11 U.S.C. section 707(b)(3) where debtor has sufficient disposable income to pay her unsecured creditors in full within sixty months -- Debtor is not entitled to Chapter 7 relief -- Deductions for voluntary 401(k) contributions and repayment of 401(k)… [read post]
12 Mar 2012, 2:30 am
This is consistent with the stance that BofA took as early as its lawsuit against Mortgage Guaranty Insurance Corporation (MGIC), but BofA nevertheless routinely makes repurchase demands to correspondents based on the mere fact that PMI (also known as primary mortgage insurance) has been rescinded. [read post]
23 May 2023, 9:05 pm
Congress created the Federal Deposit Insurance Corporation (FDIC) during the Great Depression to stop the rolling banking panic by guaranteeing bank deposits. [read post]
29 Aug 2012, 12:10 pm
District Court for the Southern District of New York has decided that the mortgage-backed securities lawsuit filed by insurance company Assured Guaranty Municipal Corp. against UBS Real Estate Securities Inc. can proceed. [read post]
5 Feb 2009, 1:39 am
The litigation also involved student lenders, commercial construction companies, commercial real estate investment trusts, bond insurers, and mortgage guaranty insurers. [read post]
26 Jan 2011, 7:06 am
Other persons who are receiving from the Pension Benefit Guaranty Corporation (PBGC) or other trade-related government agencies can also claim this tax benefit. [read post]
4 Nov 2009, 1:49 am
Background The PMI Group, a residential mortgage insurer that also owns a controlling interest in bond insurer Financial Guaranty Insurance Corporation, as well as certain of PMI’s directors and officers, were first sued in a securities class action lawsuit in March 2008 (about which refer here). [read post]
8 Dec 2009, 3:11 pm
Historically, Fannie Mae and Freddie Mac (which tends to follow Fannie Mae closely) own or guaranty over 50% of the country’s outstanding first mortgages. [read post]
6 Mar 2008, 12:16 pm
The Insurance Guaranty Association Fund, as provided in R.S. 22:1375 et seq., shall not be liable for any special damages awarded under the provision of this draft as Division could have had rights against insurer for reimbursement of medical services furnished to insured. [read post]
12 Feb 2010, 5:16 am
(e) For purposes of this section: (1) "Borrower" means the trustor under a deed of trust, or a mortgagor under a mortgage, where the deed of trust or mortgage encumbers real property security and secures the performance of the trustor or mortgagor under a loan, extension of credit, guaranty, or other obligation. [read post]
31 Aug 2014, 4:42 pm
Traditionally, when a bank fails the FDIC protects the insured deposits, and also guaranties the bank’s payment systems obligations and often the uninsured deposits. [read post]
22 Aug 2011, 1:05 pm
As a real-world example as to how bad an idea privatization can be, consider what happened to the Pension Benefit Guaranty Corporation. [read post]
6 Apr 2010, 1:58 am
SCA is a holding company for financial guaranty insurance and reinsurance. [read post]
27 Jul 2010, 8:47 am
The absence of such a signature could create a defense to a subsequenting action on the guaranty. [read post]
25 Mar 2012, 2:19 pm
ADAM GONZALEZ and TERRI GONZALEZ, Appellees. 4th District.Contracts -- Guaranties -- Mortgage foreclosure -- Judicial sale -- Civil procedure -- Separate suits involving complaints in which plaintiff sought, in one count, a foreclosure judgment on mortgage property and, if necessary, a deficiency judgment, and, in separate count, money damages for breach of the note and guaranties -- In light of common law, merger of equity and law courts, and consistency of… [read post]
27 May 2009, 1:23 pm
Weekly D886a Jurisdiction -- Non-residents -- Individual guarantors of promissory note executed by Florida corporation -- Minimum contacts -- Trial court erred in denying motion to dismiss, on ground of lack of personal jurisdiction, action against non-resident guarantors who reside in foreign state, executed guaranties in foreign state, and lack any other connection to Florida in their personal capacities -- Lender does not meet requirement of showing constitutional minimum… [read post]
23 Apr 2010, 7:38 am
Lawyers for Countrywide Home Loans want the suit in San Francisco Superior Court, but Mortgage Guaranty Insurance Corp., which wants to go to arbitration, is battling to keep the case in federal court. [read post]
