Search for: "Security National Mortgage Company"
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23 Nov 2012, 3:13 am
Private investors fled because they no longer trusted the ratings that had been placed on mortgage-backed securities and when stopped investing in these debt securities, almost overnight homeowners found it was impossible to get a mortgage or refinance one as banks started hoarding cash… and that threw the prices of homes into a free fall. [read post]
19 Nov 2012, 4:48 pm
Back on the Chain Gang: Similarly, the FSB highlights the risks that come with long chains of shadow banking instruments (think mortgage-backed securities to CDOs to CDO squared to CDO cubed), but offers little concrete proposals to disfavor longer concatenations. [read post]
6 Nov 2012, 11:11 am
First, according to the ACLU, the suit is the first to connect racial discrimination to the bundling of mortgage-backed securities. [read post]
1 Nov 2012, 7:58 am
Last month, the national unemployment rate was 7.8%. [read post]
31 Oct 2012, 10:49 am
For more on this issue, see my article, "Defending Class Actions on Coverage Issues," and my post on the Alabama Supreme Court’s decision in National Security Fire & Casualty Company v. [read post]
30 Oct 2012, 11:41 am
The new website will feature products and services including credit repair and monitoring, secured credit cards, mortgage help, debt payment restructuring, online money management tools, and more to help consumers get a fresh financial start. [read post]
30 Oct 2012, 6:15 am
To get reimbursed for hurricane flooding damage, homeowners would have already secured federal flood insurance. [read post]
30 Oct 2012, 6:15 am
To get reimbursed for hurricane flooding damage, homeowners would have already secured federal flood insurance. [read post]
20 Oct 2012, 2:37 pm
Remember all those AAA rated mortgage derivatives that were really worthless? [read post]
19 Oct 2012, 12:15 pm
This could lead to further litigation against the banks and investment firms that sold mortgage securities if the ability to foreclose on home mortgages is not what it was portrayed to be in the documents used to sell the securities in the first place. [read post]
15 Oct 2012, 3:42 pm
Jaworski is available to provide a personalized lecture to individual financial institutions and mortgage companies on navigating the labyrinth of CFPB regulations and policies that lenders are facing. [read post]
11 Oct 2012, 9:30 pm
Business groups sued the Securities and Exchange Commission (SEC) over a Dodd-Frank Rule requiring oil companies to disclose certain payments to foreign governments. [read post]
3 Oct 2012, 8:14 am
Like all financial institutions, the Bank insisted on a mortgage to secure the Club’s note. [read post]
10 Sep 2012, 6:26 pm
CONTINENTAL CASUALTY COMPANY, Appellant, v. [read post]
7 Sep 2012, 5:52 am
I'm asking you to rally around a set of goals for your country - goals in manufacturing, energy, education, national security, and the deficit; a real, achievable plan that will lead to new jobs, more opportunity, and rebuild this economy on a stronger foundation. [read post]
6 Sep 2012, 1:53 am
Under the typical D&O insurance policy, the companies themselves are only insured for securities claims. [read post]
4 Sep 2012, 6:29 am
AARMR is the trade association of state mortgage regulators that coordinates state-level regulation of the mortgage industry and, in partnership with the Conference of State Bank Supervisors (CSBS), created the National Mortgage Licensing System & Registry (NMLS). [read post]
30 Aug 2012, 11:25 pm
A London based partner of Berwin Leighton Pasner, a real estate company. [read post]
27 Aug 2012, 1:00 am
In recent UPL litigation, settlement statements often list the settlement agent as a closing service company and that company’s national headquarters (TX, CA, CO, etc.) as the place of settlement. [read post]
25 Aug 2012, 4:24 pm
District Court for the Southern District of New York has decided that ex-Federal National Mortgage Association executives do have to contend with a Securities Exchange Commission enforcement lawsuit over their alleged role in underplaying just how exposed the company was to high risk loans. [read post]
