Search for: "Security National Mortgage Company"
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15 Aug 2016, 2:33 pm
To be eligible for an FCL a company “must not be under FOCI to such a degree that the granting of the FCL would be inconsistent with the national interest. [read post]
18 May 2019, 2:25 pm
” Afonso Patrão, Hipoteca e Autonomia Conflitual, Gestlegal, 2018 “Considering statistical data suggesting national compartmentalisation of mortgage markets (land security rights are essential for internal credit but less than 1% of all international credit involves mortgages) and acknowledging the failure of the proposals of building a European mortgage single market (unification of mortgage laws; introduction of Eurohypothec… [read post]
3 Oct 2011, 4:16 am
If you were thinking that the top executives at Countrywide, once the nation’s largest mortgage lender and the company that never saw a borrower they couldn’t qualify, had fallen from grace… think again. [read post]
27 Nov 2017, 6:58 am
While workers do not pay this premium to a private insurance company, they do pay it to the government. [read post]
10 Sep 2009, 5:27 pm
Thus, if the value of the home is under water and worth less much less than the amount due on the mortgage, the homeowner can now be liable to the mortgage company for hundreds of thousands of dollars. [read post]
4 Sep 2019, 1:43 am
Chapter 13 bankruptcy filing also shows that you were willing to face the reality of your financial situation and made secured debt such as your mortgage a priority. [read post]
23 Jun 2011, 9:46 am
The Act declares any covered bond issued or guaranteed by a bank to be a security issued or guaranteed under specified securities laws, including the Securities Act and the Investment Company Act.A critical portion of the legislation deals with an issuer’s default on its covered bond obligations, and the procedure for dealing with the covered bond program of an issuer in receivership. [read post]
1 May 2007, 8:15 am
The banks and leasing companies will sell the mortgage contracts to a pool of new mortgage finance companies that are to be established, which will issue bonds, asset-backed securities and mortgage-covered bonds on the domestic and international markets to institutional investors, such as insurance companies and pension funds, to provide long-term funding. [read post]
15 Jan 2015, 3:12 pm
A video of our lawsuit which helped ensure more fan friendly security at Wrigley Field can be found here. [read post]
15 Dec 2015, 10:55 am
Most of the time it is, but I have had varied success with certain national banks and insurance companies (not naming names, chase and bank of america, you know who you are.)3. [read post]
17 Dec 2011, 3:03 pm
(1) Suppose the highly influential (at least in securities law) Second Circuit agrees with Rakoff, thereby turning an outlier into a major national precedent? [read post]
25 Sep 2008, 10:03 pm
Requires most profits to be used to reduce the national debt 2. [read post]
15 Oct 2010, 8:12 am
Last month, a federal judge dismissed claims by two trusts that had bought $43 million of residential mortgage-backed securities from Countrywide. [read post]
9 Jan 2023, 9:01 pm
NovaStar Mortgage While a settlement was initially resolved in 2017, a last-minute appeal and a lengthy process caused this investor action to receive final settlement approval in June 2022. [read post]
22 Dec 2008, 5:39 pm
This is accomplished, in the mortgage context, by the pooling of an originator’s illiquid individual mortgages.The new pooled security is then sold by the originator to other financial institutions, thus, replacing a potentially non-performing asset on the originator’s books with cash.The cash can then be used to offer more mortgages. [read post]
8 Jun 2009, 7:29 pm
If its portfolio of mortgage backed securities were priced as marked-to-market, it would be down about 1% or $5 billion in the aggregate according to Tuesday's Wall Street Journal. [read post]
28 Jan 2009, 12:05 pm
[T] Fed generally leaves regulation of nationally chartered banks to the Office of the Comptroller of the Currency; of securities-dealer units to the Securities and Exchange Commission; and of consumer-finance companies to the states.However, state regulation is generally considered inconsistent and usually less rigorous than federal oversight. [read post]
27 Nov 2014, 6:13 am
City National held a mortgage on the property and Richards was the owner of the real property and building in which the restaurant was operated. [read post]
23 Feb 2018, 11:16 am
Robert Chesney and Steve Vladeck posted the National Security Law Podcast. [read post]
22 Jun 2010, 8:18 am
Still others assert that they relied on quantitative models that (based on an inaccurate assessment of the possibility of a national decline in U.S. home values) wrongly suggested little or no probability of loss on these residential mortgage related securities. [read post]
