Search for: "Central Mortgage Company"
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5 Aug 2010, 6:43 pm
Taylor, Bean & Whitaker Mortgage Corp. sought bankruptcy court authority today to retain Hilco Fixed Asset Recovery, LLC in order to sell the furniture and fixtures located at the company's Ocala, Florida central document facility. [read post]
5 Aug 2010, 5:30 am
The deed of trust listed Placer Title Company as the trustee, and Mortgage Electronic Registration Systems, Inc. [read post]
3 Aug 2010, 10:23 am
Apparently the Central Valley needs another empty foreclosed home. [read post]
29 Jul 2010, 7:41 am
In Meixian, in the central Shaanxi province, around 80% of the city’s first social housing development, called Urban Beautiful Scenery, went to local officials. [read post]
28 Jul 2010, 12:46 am
The plaintiffs alleged that defendants failed to record losses on the deterioration in mortgage assets and collateralized debt obligations ("CDOs") on Credit Suisse’s books; that Credit Suisse’s internal controls were inadequate to ensure that losses on residential mortgage-related assets were accounted for properly; and that Credit Suisse’s traders had put incorrect values on CDOs and other debt securities, concealing the exposure the Company… [read post]
27 Jul 2010, 6:05 pm
And then there’s Maiden Lane I, Maiden Lane II, and Maiden Lane III… three Limited Liability Companies that the Fed formed to buy up the assets (read: mortgage backed securities and credit default swaps) of Bear Stearns, WaMu, and AIG that JPMorgan Chase and no one else for that matter wanted. [read post]
22 Jul 2010, 11:54 am
It also gives the Federal Reserve more power, while subjecting the central bank to greater congressional oversight. [read post]
21 Jul 2010, 7:18 pm
This is the central lesson not only of this crisis but of our history. [read post]
19 Jul 2010, 3:37 pm
The court ordered the company to pay $2 million in fines plus meet polluting standards. [read post]
15 Jul 2010, 11:37 am
Financial institutions will pay assessments based on a company’s potential risk to the whole financial system if they were to fail. [read post]
8 Jul 2010, 8:00 am
"National Grid's actions are the same as a bank asking you to continue to make mortgage payments after the mortgage is all paid, and saying that you shouldn't be upset because the payments aren't increasing," continued Schumer. [read post]
6 Jul 2010, 2:39 am
As discussed in greater detail here, investors first filed their suit in August 2007, alleging that contrary to Impac's representations the company’s Alt-A loans were being sold to less creditworthy borrowers, so that the loan portfolio was experiencing the same risks and discounts in securitization as sub-prime mortgages. [read post]
28 Jun 2010, 8:11 pm
It now also owns shares in flagship American companies. [read post]
26 Jun 2010, 4:59 pm
Examination and Enforcement: Authority to examine and enforce regulations for banks and credit unions with assets of over $10 billion and all mortgage-related businesses (lenders, servicers, mortgage brokers, and foreclosure scam operators), payday lenders, and student lenders as well as other non-bank financial companies that are large, such as debt collectors and consumer reporting agencies. [read post]
25 Jun 2010, 9:22 am
The advisory vote on executive compensation is designed to give shareholders a powerful opportunity to hold accountable executives of the companies they own, and a chance to disapprove where they see the kind of misguided incentive schemes that threatened individual companies and, in turn, the broader economy..The shareholder advisory vote on executive pay will not [read post]
23 Jun 2010, 10:23 pm
Do you or your company have any exciting plans for the future? [read post]
22 Jun 2010, 8:18 am
For several months after other companies reported losses related to the subprime mortgage markets and investment strategies linked to subprime mortgage markets, Citi executives ignored the warning signs and continued with its investment strategies. [read post]
17 Jun 2010, 1:59 pm
Section 716 makes clear that engaging in risky derivatives dealing is not central to the business of banking. [read post]
14 Jun 2010, 8:20 am
With many factories and companies in Central and Northern California closing their doors, the Central Valley is still being hit hard by the economic and housing crisis that began back in 2007. [read post]
27 May 2010, 6:14 am
Like AIG Financial Products, monoline insurance companies wrote billions of dollars of credit default swaps on multi-sector CDOs tied to residential home mortgages, but unlike AIG, their unique status as financial guarantee companies subjected them to considerable disclosure obligations concerning their individual credit derivative exposures. [read post]
