Search for: "IndyMac Financial Services"
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29 Jul 2011, 5:23 pm
One involves the Mortgage Electronic Registration Service, or as we’ve all come to know it… MERS, and the other centers around the question of whether the trust, on whose behalf the servicer is seeking to foreclose, does in fact own the note. [read post]
26 Jul 2011, 4:29 pm
., IndyMac MBS Inc., and American Home Mortgage Assets LLC. [read post]
3 Jul 2011, 5:53 am
Bank of America $2,135.30 19.9% Wells Fargo $1,811.97 16.9% JPMorgan Chase & Co $1,353.60 12.6% Citigroup Inc $677.81 6.3% GMAC/Ally Financial $349.08 3.2% US Bancorp $189.85 1.8% SunTrust Banks Inc $175.93 1.6% PHH Mortgage $155.97 1.4% OneWest Bank, CA (IndyMac) $155.00 1.4% PNC Financial Services $149.94 1.4% HSBC ? [read post]
3 Jul 2011, 5:53 am
Bank of America $2,135.30 19.9% Wells Fargo $1,811.97 16.9% JPMorgan Chase & Co $1,353.60 12.6% Citigroup Inc $677.81 6.3% GMAC/Ally Financial $349.08 3.2% US Bancorp $189.85 1.8% SunTrust Banks Inc $175.93 1.6% PHH Mortgage $155.97 1.4% OneWest Bank, CA (IndyMac) $155.00 1.4% PNC Financial Services $149.94 1.4% HSBC ? [read post]
12 May 2011, 4:22 am
I’m sure I’m wrong about that… I hope, but it doesn’t change the fact that IndyMac and other banks and servicers have been abusing homeowners and she hasn’t done anything meaningful to prevent it. [read post]
11 May 2011, 9:01 pm
In the Cheyne Financial case (discussed here), the plaintiff investors had asserted a variety of common law claims against the rating agencies, including common law fraud and misrepresentation. [read post]
25 Apr 2011, 7:47 pm
I can’t tell you the name of the bank in question, except to say that when they’re a “bank,” and their name starts with “IndyMac”. [read post]
18 Mar 2011, 7:31 am
” And last July, the FDIC filed a similar suit against four former executives of IndyMac Bank, seeking $300 million in damages. [read post]
3 Mar 2011, 11:29 am
He recently sent in an article he wrote entitled Private Equity Investments in Financial Services Firms: Threading the Regulatory Needle. [read post]
12 Oct 2010, 6:36 am
Indymac… 31 times… always nice to see you guys reading me, but isn’t it time to change to “One West”? [read post]
23 Sep 2010, 4:20 pm
Even so, one day I hear from homeowners that Indymac is “the worst,” and the next it’s Chase that is modifying nothing. [read post]
3 Sep 2010, 1:47 am
So far, the FDIC has filed just a single suit, against former officers of a subsidiary of IndyMac. [read post]
14 Jun 2010, 9:03 pm
Morgan Chase Bank and IndyMac Mortgage Servicers/OneWest Bank to honor their agreements with borrowers to modify mortgages and prevent foreclosures under the United States Treasury’s Home Affordable Modification Program (“HAMP”). [read post]
3 May 2010, 11:50 pm
Fannie Mae, because of it received financial support from the federal government, borrowed money from foreign investors at very low rates. [read post]
7 Apr 2010, 2:33 am
In January of this year, the Treasury Department and Federal Reserve each sent field investigators into the major lenders and mortgage servicers to determine why the financial institutions were failing to modify mortgages as required by the HAMP guidelines. [read post]
6 Apr 2010, 1:58 am
SCA is a holding company for financial guaranty insurance and reinsurance. [read post]
21 Feb 2010, 5:29 am
Yes, the Mortgage Bankers Association, the American Bankers Association, and every other lemming in the long line of groups that represent the financial services industries is going to oppose every single word in every single one of these proposed changes. [read post]
5 Feb 2010, 6:05 am
And as Secretary Geithner recently acknowledged, “the Bankruptcy Code is not an effective tool for resolving the failure of a global financial services firm in times of severe economic stress. [read post]
12 Dec 2009, 7:20 am
Of course, checking the Treasury report on servicer performance, I do see that Chase has done quite a bit better in the modification department than either Saxon or IndyMac. [read post]
3 Dec 2009, 4:11 pm
Michael Barr, the Assistant Treasury Secretary for Financial Institutions, came out with quite a few laugh-out-loud statements, which I included in an article I wrote yesterday. [read post]