Search for: "Residential Funding Corporation"
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8 May 2012, 1:07 am
The SIV was forced into receivership on October 22, 2007, becoming, the plaintiffs alleged, “perhaps the shortest-lived ‘Triple A’ investment fund in the history of corporate finance. [read post]
28 Apr 2012, 8:50 pm
Sealink Funding, a European fund, was set up to manage Landesbank Sachsen AG’s most high-risk assets. [read post]
26 Apr 2012, 2:03 pm
Securities and Exchange Commission announced that it filed and simultaneously settled a suit alleging that an H&R Block subsidiary engaged in the fraudulent sale of subprime residential mortgage-backed securities (RMBS). [read post]
26 Apr 2012, 12:00 am
Moore (AB ’76, JD ’79) is president of Urban Strategies, a not-for-profit corporation founded in 1978 that works with developers to rebuild distressed urban core communities into vibrant, safe residential neighborhoods with new housing, good schools, strong institutions and a range of human service supports and amenities. [read post]
25 Apr 2012, 7:31 pm
H & R Block (HRB) subsidiary Option One Mortgage Corporation has agreed to pay $28.2 million to settle Securities and Exchange Commission charges that it misled investors in over $4B in residential mortgage-backed securities when it failed to let them know that the company’s financial health was deteriorating. [read post]
18 Apr 2012, 9:15 am
These are the “toxic assets” that then Treasury Secretary Hank Paulson was planning to buy with the TARP funds… until he realized that banks wouldn’t sell them at a discount, and that it would be political suicide for him to buy them at face value. [read post]
13 Apr 2012, 11:49 am
The Commission is investigating Wells Fargo’s sale of nearly $60 billion in residential mortgage-backed securities ("RMBS") to investors. [read post]
9 Apr 2012, 1:39 pm
This means it is quite possible the only funds that may be available to address contamination will be insurance proceeds. [read post]
25 Mar 2012, 4:30 am
Hurricane Catastrophe Fund Bill Reduction HB 833 (Boyd) & SB 1372 (Alexander) These bills would have reduced the coverage provided by the Cat Fund, which acts a source of reinsurance for Citizens and private insurers, from $17 billion to $12 billion over a five-year period. [read post]
23 Mar 2012, 9:00 am
When a woman moved into a rural residential community, the local women organized a dinner party to welcome the new arrival. [read post]
20 Mar 2012, 9:11 am
Last February, the Public Investment Corporation (PIC), owned by the Government Pension Fund, and Growthpoint Properties Limited, announced they had bought the Waterfront for just more than R9.7bn. [read post]
9 Mar 2012, 7:40 pm
.; US Department of Labor initiative targeted toward increasing FLSA compliance in New York’s health care industry; US Department of Labor initiative targeted toward residential health care industry in Connecticut and Rhode Island to increase FLSA compliance; Partners HealthCare Systems agrees to pay 700 employees more than $2.7 million in overtime back wages to resolve U.S. [read post]
5 Mar 2012, 7:15 am
Zuma indicated that; "We are pleased to report that this fund will start its operations in April, managed by the National Housing Finance Corporation. [read post]
27 Feb 2012, 12:25 am
When that day comes, we will again build one million or more residential units annually. [read post]
23 Feb 2012, 10:53 am
This new group will concentrate on efforts to pursue illegal activities related to residential mortgage-backed securities, including packaging, marketing and valuation. [read post]
21 Feb 2012, 5:39 pm
AND CENTRAL FLORIDA, ETC., Appellee. 5th District.Bankruptcy -- Fraudulent transfers -- Avoidance -- Chapter 7 trustee's fraudulent transfer claims, alleging transfers from debtor corporation to IRS were in payment of principal's personal tax liability at time when debtor was struggling to pay its bills and had no liability to IRS, are core proceedings stemming from bankruptcy itself for which bankruptcy court may enter final orders -- Narrow holding of Stern v. [read post]
15 Feb 2012, 8:12 am
The second $500 million will be used to fund a modification to Countrywide’s loan program. [read post]
15 Feb 2012, 7:30 am
Banks favour government property subsidiesThe affordability gap in the housing market is expected to be narrowed by changes to government housing subsidies and the commencement of the R1 billion guarantee fund to promote access to home loans for lower-middle-income households.President Jacob Zuma said last week in his State of the Nation address that the guarantee fund, managed by the National Housing Finance Corporation (NHFC), would start its operations in April.From… [read post]
14 Feb 2012, 1:50 pm
There is currently a conflict between the SIS Act and the National Credit Code in respect of super fund loans to acquire a residential investment property where the borrowers are natural persons and the property trustee giving the mortgage is a different natural person. [read post]
13 Feb 2012, 10:54 pm
“Moreover, the USDA Public Broadcasting Grants program is duplicative and significantly smaller than the digital conversion activities of Corporation for Public Broadcasting (CPB). [read post]
