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10 Mar 2014, 10:35 am by Lyle Denniston
IndyMac was a major player in the marketing of mortgage-backed securities. [read post]
13 Oct 2010, 10:44 am by Donna Mia
For one thing, our legal system, banks, and regulatory agencies will all lose their credibility. [read post]
21 Feb 2008, 4:57 am
For instance, if lenders became more reluctant to lend in the mortgage market, the Federal Reserve could lower the reserve requirement on standard mortgages, thus giving a banks an incentive to extend more mortgages relative to other forms of credit. [read post]
28 Jul 2010, 5:21 am by David Feldman
The bill is just the beginning, as it instructs various agencies to conduct 243 rulemakings and 67 studies. [read post]
6 Aug 2020, 2:30 pm by kblocher@hslf.org
Preventing entanglements but not vessel strikes is like paying your mortgage but not your taxes. [read post]
19 Oct 2011, 12:49 pm by Curt Goering
Lawmakers need to respond, at a minimum by ensuring that regulatory agencies exercise more effective oversight over corporations and financial institutions. [read post]
5 Nov 2009, 4:52 am
In that post, I had discussed how to protect people against abuses by credit card companies, banks, mortgage companies, etc. [read post]
29 Apr 2011, 9:57 am by Kara OBrien
  Priorities include accounting fraud and mortgage modification fraud. [read post]
14 Feb 2011, 7:07 am by Mandelman
They bring in a sworn declaration from MERS Treasurer and Corporate Secretary, William Hultman on December 10th, that explains what an entirely fabulous and utterly wonderful invention MERS actually is, and then… I suppose afraid that the one Hultman declaration just might not carry the day they show up with yet another declaration from MERS Treasurer and Corporate Secretary, William Hultman on December 23rd. [read post]
6 Apr 2010, 1:58 am by Kevin LaCroix
  Fremont General Corporation: In a March 29, 2010 order (here), Central District of California Judge Jacqueline Nguyen granted with prejudice the motion of defendants to dismiss the subprime related securities class action lawsuit that had been filed against Fremont General Corporation. [read post]
27 Oct 2020, 9:05 pm by Jerome D. Williams
Within a single law, oversight and enforcement responsibilities may fall on a single agency or be shared among many different agencies. [read post]
6 Mar 2008, 11:27 am
, is a sub-prime mortgage lender, so the similarity to the state agency's name is surely just a remarkable coincidence. [read post]
7 Mar 2017, 4:28 pm by Kevin LaCroix
The Federal Housing Finance Agency (FHFA) recovered nearly $19 billion in connection with the sale of mortgage-backed securities, and the National Credit Union Administration (NCUA) recovered more than $4 billion for creditors of failed financial institutions. [read post]
9 Apr 2010, 7:48 am by Don Cruse
Ltd., No. 09-0396 (docket and briefs): “The principal issue is whether a corporate agent under the property owner rule — allowing a property owner to testify to its value even if unqualified to assess property belonging to someone else — is competent to testify to the value of corporate property. [read post]
30 Aug 2009, 3:45 pm
• The Mortgage Bankers Association reports that 13.2% of mortgages on homes with one to four units were delinquent on their mortgages during the second quarter. [read post]
14 Nov 2011, 2:13 pm
Nearly half of these defendants were senior corporate executives, CEOs and CFOs. [read post]
3 Mar 2020, 11:54 am by Jonathan L. Pompan
For the pre-filing counseling mandated by the law, tax-exempt status under Section 501(c)(3) is not required for approval as a budget or credit counseling agency under the BAPCPA; however, nonprofit status (typically, incorporation as a nonprofit corporation) is a prerequisite, among other requirements. [read post]
26 Mar 2008, 11:16 am
Other regulators involved in the report were the UK Financial Services Authority and the German Federal Financial Supervisory Authority.The report highlights the critical role that sound corporate governance plays in effective risk management. [read post]
5 Apr 2014, 1:41 pm by Hedge Fund Lawyer
It should be noted that the licensing process for residential mortgage providers (mortgage lenders and brokers) is a separate application, filed through the Nationwide Mortgage Licensing System. [read post]
24 Mar 2016, 11:48 pm by RegBlog
He argued that in some cases, failure to conduct cost-benefit analysis makes agency decisions arbitrary and capricious if the agency does not have a good reason. [read post]