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6 Sep 2012, 1:53 am
In addition, most of the antitrust litigation filed to date has named only corporate defendants. [read post]
4 Sep 2012, 12:51 pm
The first suit, filed by the Federal Housing Finance Agency as conservator for the Federal Home Loan Mortgage Corporation, seeks to enforce DBSP’s alleged contractual obligation to repurchase loans from the Trust where representations and warranties have been breached. [read post]
2 Sep 2012, 10:21 pm
Mortgage Risk: The FRS, COC, National Credit Union Administration (NCUA), the Consumer Finance Protection Bureau (CFPB), and the Federal Housing Finance Agency (FHFA), together placed on public inspection an Appraisals for Higher-Risk Mortgage Loans proposed rule; the Federal Register will publish it tomorrow. [read post]
25 Aug 2012, 4:24 pm
The defendants had countered that because Fannie Mae is an independent establishment of this country, per the 1934 Securities Exchange Act’s Section 3(c), government agencies are protected from liability. [read post]
21 Aug 2012, 5:15 pm
Treasury, the IRS, and other government agencies in an attempt to discharge their tax and other debts. [read post]
20 Aug 2012, 2:26 pm
With the Federal Reserve Board of Governors joining with the FDIC, Office of the Comptroller of the Currency, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, and the National Credit Union Administration, in issuing a proposed new rule regarding how Americans can get higher-risk mortgage loans to buy homes (read the proposed rule here as a pdf), the following becomes our News Release of the Week: Agencies Issue Proposed Rule on… [read post]
20 Aug 2012, 1:57 am
The notes were collateralized by certain assets, included residential mortgage backed securities (RMBS). [read post]
20 Aug 2012, 1:37 am
The Executive has created so many branches, departments and agencies under its purview, most with rule-making ability-that its power has become tantamount to that of an imperial monarchy. [read post]
15 Aug 2012, 11:51 am
But the very popularity of PACE ran headlong into the FHFA, which oversees the Federal National Mortgage Association (“Fannie”) and the Federal Home Loan Mortgage Corporation (“Freddie”), the two government-sponsored entities that guarantee the majority of home mortgages in the U.S. [read post]
14 Aug 2012, 10:41 am
Another method would be to label corporate officers as “responsible corporate officer(s)” who can be held accountable for their subordinates’ actions – including the illegal ones. [read post]
13 Aug 2012, 1:06 pm
Note: Free registration is required for rating agency releases and reports. [read post]
13 Aug 2012, 1:06 pm
On August 9, Fitch updated its UK mortgage loan assumptions. [read post]
12 Aug 2012, 7:46 pm
” The effect on servicing has also drawn the attention of Ted Tozer, president of Ginnie Mae, a government-owned corporation that guarantees mortgage bonds holding loans backed by the Federal Housing Administration and other agencies. [read post]
2 Aug 2012, 1:21 am
Goldman Sachs Settles Mortgage-Pass Through Securities Suit: The parties to the Goldman Sachs/ GS Mortgage Pass Through Certificates securities suit have reached an agreement to settle the case for $26.6125 million. [read post]
22 Jul 2012, 1:11 pm
It may also decide to offset the cost of its reserves (cash on which it receives no return), and amplify the spread between its cost of borrowed capital and its return on investment, by making riskier investments with its borrowed funds than mortgage loans, municipal and corporate bonds, Treasury notes, and other conventional bank investments: it may decide to speculate. [read post]
28 Jun 2012, 9:42 am
Other potential conflicts arise if the advisor counsels against investments such as annuities or the payment of mortgages and other tax deductable gifts. [read post]
27 Jun 2012, 7:58 am
It's more toxic to law firms than corporations. [read post]
27 Jun 2012, 7:58 am
It's more toxic to law firms than corporations. [read post]
26 Jun 2012, 10:13 am
Amongst other things revealed by Mr Green at the conference were: The Serious Fraud Office should not necessarily be the agency to undertake the prosecution of boiler room scams and mortgage frauds (the implication being that these types of crime be dealt with by other agencies including presumably the Crown Prosecution Service). [read post]
Business and criminal law, health care reform, and chicken mole poblano and rosemary mashed potatoes
22 Jun 2012, 1:30 pm
KONDAUR CAPITAL CORPORATION, Appellee. 4th District.The Law Lady. [read post]
