Search for: "Mortgage Guaranty Insurance Corporation"
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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]
1 May 2012, 12:58 pm
The corporation's failure to give 60-days notice before issuing the dividend did not make it impossible for plaintiffs to comply with the trustee demand exception.Akanthos Capital Management, LLC v. [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]
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demands to correspondents based on the mere fact that PMI (also known as primary mortgage insurance) has been rescinded.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]
30 Jan 2012, 2:51 pm
Nakhuda also acted for Scotia Mortgage Corporation in placing the mortgage. [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]
30 Nov 2011, 2:15 pm
Look, I spent twenty years working as a consultant for large corporations at the C-Suite and senior management levels, including several of the TBTF banks, and I’m very familiar with their corporate cultures and operations. [read post]
14 Nov 2011, 12:38 am
Many D&O insurance policies orient the definition of the term Securities Claim around allegations involving the securities of the insured corporate entity. [read post]
10 Nov 2011, 7:10 pm
Petition for certiorari Amicus brief of America’s Health Insurance Plans Amicus brief of Landmark Legal Foundation Amicus brief of Chamber of Commerce of the United States of America Amicus brief of Family Research Council Harvey v. [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]
10 Apr 2011, 5:30 pm
The letter indicates that “Armitage & Associates and Investigative Solutions, LLC have been retained by Mortgage Guaranty Insurance Corporation (MGIC) to reverify, as part of an internal control process, the facts and circumstances surrounding the mortgage loan application by …. [read post]
28 Mar 2011, 7:02 pm
On a fourth count for piercing the corporate veil, Zell says the complaint is “bereft of any factual allegations. [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]
10 Jan 2011, 7:35 pm
ACA Financial Guaranty Corporation is seeking $90 million in punitive damages and $30 million in compensatory damages from Goldman Sachs over its failed Abacus investment. [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]
23 Jul 2010, 10:06 am
I, title VI, § 603(1), Oct. 21, 1998, 112 Stat. 2681–866;](6) under subsection (a) of this section, of the exercise by a commodity broker, forward contract merchant, stockbroker, financial institution, financial participant, or securities clearing agency of any contractual right (as defined in section 555 or 556) under any security agreement or arrangement or other credit enhancement forming a part of or related to any commodity contract, forward contract or securities contract, or of any… [read post]
3 May 2010, 9:34 am
I, title VI, § 603(1), Oct. 21, 1998, 112 Stat. 2681–866;](6) under subsection (a) of this section, of the exercise by a commodity broker, forward contract merchant, stockbroker, financial institution, financial participant, or securities clearing agency of any contractual right (as defined in section 555 or 556) under any security agreement or arrangement or other credit enhancement forming a part of or related to any commodity contract, forward contract or securities contract, or of any… [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]
6 Apr 2010, 1:58 am
SCA is a holding company for financial guaranty insurance and reinsurance. [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]
