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8 Jan 2011, 2:30 pm by Rich Vetstein
The blank space in the assignment was at some point stamped with the name of Option One Mortgage Corporation (Option One) as the assignee, and that assignment was recorded in the registry of deeds on June 7, 2006. [read post]
” The Interpretation then stated that the primary duties of a mortgage-loan officer were making sales and related work “such as collecting financial information from customers, entering it into the computer program to determine what particular loan products might be available to that customer, and explaining the terms of the available options and the pros and cons of each option, so that a sale can be made…”  These activities constitute… [read post]
19 Oct 2009, 2:56 am
Indeed, given that the CMBS marketplace ground to a halt in after the financial crisis in September 2008, we may already be past the point where CMBS investors will even have the option to pursue ’33 Act claims alleging misrepresentations or omission in the offering documents, due to the operation of the applicable one-year statute of limitations. [read post]
6 Nov 2009, 8:00 am
To discuss your case and find out your options, please contact our Orange County fraud defense lawyer Michael Guisti today. [read post]
20 Apr 2011, 4:46 am
Dory Goebel was a LPS employee who was caught posing as the Assistant Secretary for Option One Mortgage Corporation and had filed an Affidavit in a bankruptcy case to allow LPS to foreclose on the family's home. [read post]
14 Mar 2023, 2:06 am by Barrett Scruggs, SoFi at Work
Scruggs graduated from West Point and served five years in the Army before making the transition to corporate banking. [read post]
20 Oct 2011, 5:48 pm
This is one reason why corporations often choose to reorganize under Chapter 11. [read post]
1 Aug 2013, 4:00 am by Administrator
The ready availability of financial derivatives such as swaps, options, futures and forwards, and a variety of sophisticated financial techniques, including various forms of structured finance, have made it possible to craft financing solutions that meet ever-more precise corporate needs and investor demands. [read post]
25 Oct 2021, 9:37 am by Kevin Kaufman
With corporate and individual rate hikes potentially out of the Build Back Better (BBB) reconciliation package, lawmakers are weighing alternative options to raise revenue. [read post]
19 Aug 2021, 12:21 pm by Law Lady
Torts -- Corporations -- Breach of fiduciary duty -- Conversion -- Aiding and abetting -- Dismissal -- Derivative action brought by one of two shareholders in closely-held corporation alleging that the other shareholder, with assistance from his family, froze plaintiff out of corporation and transferred corporate assets to a new competing entity -- Order dismissing complaint with prejudice for failure to state a cause of action is reversed -- Discussion… [read post]
26 Apr 2012, 2:03 pm by BuckleySandler
The complaint alleges that during a short period at the beginning of 2007, Option One Mortgage, now known as Sand Canyon Corporation, sponsored over $4 billion of RMBS and represented to investors that it would repurchase or replace any pooled mortgage for which there was a breach of a representation or warranty. [read post]
14 Feb 2011, 11:19 am by Bankruptcy Legal Group
The case involved Claudia Aceves, who took out a 30-year mortgage worth $845,000 with Option One Mortgage Corporation in 2006. [read post]
27 Nov 2007, 10:59 am
The debtors originally executed a note and mortgage to Option One Mortgage Corporation. [read post]
28 Apr 2012, 8:50 pm
MetLife Pays $500 Million To Settle Probe Into Unpaid Claims For Dead Policy Holders, Huffington Post, April 23, 2012 MetLife to pay $500 million in multi-state death benefits probe, Los Angeles Times, April 23, 2012 Morgan Stanley Sued by Allstate on Mortgage Claims, Bloomberg, August 18, 2011 More Blog Posts: H & R Block Subsidiary Option One Mortgage Corporation to Pay $28.2M to Residential Mortgage-Backed Securities Investors,… [read post]
8 Nov 2009, 4:37 am
Premier Asset Management, a wholly-owned subsidiary of Capmark Financial, is the first licensed loan servicer in the Japanese servicing industry and is one of the largest loan servicing companies in Japan specializing in commercial mortgage backed securities (or CMBS). [read post]
16 Aug 2008, 9:57 pm
That practice was the use by big corporate builders, and even some not so big builders, of having in house mortgage brokerage companies that would package loans and financial options that kept the prices on the builders homes high, but allowed the buyer/borrower to receive incentives as large as $100,000 to purchase the house. [read post]