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30 Nov 2011, 2:15 pm by Mandelman
Okay, so I might as well admit it… I do happen to have a few friends that are bankers. [read post]
30 Nov 2011, 8:46 am
According to the Mortgage Bankers Association there are 4.2 million homeowners across the country that are more than 90 days behind on their house payments or already in foreclosure. [read post]
28 Nov 2011, 7:54 am by Mandelman
  And the credit markets froze in 2007, not because of borrowers, but because of bankers. [read post]
14 Nov 2011, 9:06 am by Mandelman
You see, during the ‘Roaring 1920s,’ bankers had become America’s royalty, but when Pecora finished questioning them, the way people viewed the bankers changed dramatically. [read post]
13 Nov 2011, 7:39 pm by Kevin Funnell
Apparently, bankers aren't the only folks who need a lesson in the power of social media. [read post]
4 Nov 2011, 1:42 am by Mandelman
  They’re not a private company… and the bankers they’re always blowing shouldn’t even be open for business because they’re completely insolvent and continue to remain alive only because they are on a combination of taxpayer funded life support, debt guarantees, and suspended accounting rule nonsense sanctioned by the king of transparency himself… the man who, more than any other I can think of, should be in a cell… Treasury Secretary Tim… [read post]
3 Nov 2011, 8:21 am by R Grace Rodriguez
 If you get busted by your lender, chances are you won't be able to find that broker any more easily than you could find the mortgage broker who may have given you your bad loan. [read post]
1 Nov 2011, 8:35 pm
Check this out: It was not the banks who created the mortgage crisis, it was, plain and simple, Congress," said Bloomberg to an Association for a Better New York breakfast meeting. [read post]
31 Oct 2011, 4:14 am by Mandelman
  I’m only asking because it’s hard for me to imagine that there’s anyone, at this stage of what’s definitely not a game, that wouldn’t readily agree, the American Bankers and Mortgage Bankers Associations, Financial Services Roundtable, and American Securitization Forum, et al, notwithstanding. [read post]
26 Oct 2011, 9:29 am
The above is a quote from the general counsel of the Illinois Mortgage Banker's Association. [read post]
25 Oct 2011, 10:32 am
Galante replaces Robert Ryan who filled in as Acting Secretary of FHA when Dave Stevens resigned to take over the Mortgage Bankers Association earlier this year. [read post]
25 Oct 2011, 6:16 am by Rich Vetstein
If this HARP finally sings a tune, it will be cause for joy among borrowers, mortgage bankers, and closing attorneys across the state. [read post]
15 Oct 2011, 4:43 am by Mandelman
  And Simon Johnson and James Kwak, who write one of my favorite blogs, Baseline Scenario, also chimed in on the state of affairs with, “13 Bankers,” and yes, I reviewed it too. [read post]
13 Oct 2011, 12:16 pm by admin
“When an alleged kickback does not cause an increase in price—as all agree is the case here—the consumer has no injury and no cause of action under RESPA,” said the brief, which was filed by the American Bankers Association, the Consumer Bankers Association, the Financial Services Roundtable, the Mortgage Bankers Association, and others. [read post]
11 Oct 2011, 10:33 am by Mandelman
But what about Wall Street, I hear you cry… isn’t America still rich and strong because of our Wall Street banker-people? [read post]
9 Oct 2011, 7:11 pm
That government-backed insurance should be available only to depository banks, not firms associated with speculative traders. [read post]
6 Oct 2011, 5:38 am
Gould was responsible for investing $750,000 for the benefit of Coral Mortgage Bankers Corp. of Englewood, N.J., among other charges, according to a cease and desist order from the Missouri Secretary of State. [read post]
3 Oct 2011, 5:00 pm by Jean Braucher
Halfway through the briefing period in the Arizona Supreme Court case, the lenders fired their lawyer and brought in new ones along with an army of heavy-hitting amici, from the Mortgage Bankers Association on down. [read post]
25 Sep 2011, 10:59 pm by Mandelman
The arguments about title and improper assignment of notes being made by lawyers and pro se litigants may in fact be right, at this point there’s no question that Wall Street and commercial mortgage bankers screwed things up big time. [read post]
23 Sep 2011, 6:21 pm by Mandelman
Weren’t the banks at risk of becoming insolvent because they had hundreds of billions in “toxic assets” on and off their balance sheets… assets called CDOs that were based on the same improperly rated and leveraged mortgage-backed securities that the bankers had not only sold to investors around the world but bought as well… assets that became worthless when no one trusted the ratings or the bankers anymore? [read post]