Search for: "RMB"
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25 Oct 2014, 4:13 pm
The RMB is not a convertible currency and gambling online is not legal. [read post]
14 Oct 2014, 11:24 am
The plaintiffs alleged Merrill Lynch committed fraud in its sale of more than $210 million of RMBS. [read post]
9 Oct 2014, 8:28 am
Morgan in an action related to a Bear Stearns RMBS transaction that MBIA insured. [read post]
9 Oct 2014, 8:21 am
On September 30, Judge Sam Lindsay of the U.S. [read post]
8 Oct 2014, 5:21 pm
The six (relatively minor) cases included: a Guizhou county court spending over 500,000 RMB on a trip to Hainan at public expense, lavish banqueting, and abuse of bonuses; leadership of a Shaoguan (Guangdong) court, that caused the death of their dinner guest, an official of a county court, from alcohol poisoning; vice president of a Hunan county court, who used a court vehicle to take his daughter to school; the head of the disciplinary department of a Hancheng (Shaanxi) court caught… [read post]
8 Oct 2014, 1:27 pm
On September 30, Fitch proposed a new methodology for estimating losses for US RMBS transactions. [read post]
3 Oct 2014, 11:00 am
On September 17, HSBC Bank USA NA, as trustee for an RMBS trust, filed suit in the Supreme Court for the State of New York against Nomura Credit & Capital Inc. over approximately $613 million in RMBS issued in May 2007. [read post]
2 Oct 2014, 10:44 am
On September 17, HSBC Bank USA NA, as trustee for an RMBS trust, filed suit in the Supreme Court for the State of New York against Nomura Credit & Capital Inc. over approximately $613 million in RMBS issued in May 2007. [read post]
25 Sep 2014, 8:24 am
FHFA, acting as conservator for Fannie Mae and Freddie Mac, alleged that HSBC made false and misleading statements in offering documents issued in connection with 19 RMBS securitizations. [read post]
25 Sep 2014, 8:23 am
RMBS transactions. [read post]
20 Sep 2014, 6:40 am
Earlier this week, the SEC adopted significant changes to Regulation AB, which governs the offering process and disclosure and periodic reporting requirements for public offerings of asset-backed securities, including residential mortgage backed securities (RMBS). [read post]
17 Sep 2014, 7:31 pm
My own understanding is like that of Optimo -- that by self-determination, Ramo is referring to autonomy with regards to policymaking, and I suspect even more particularly with regards to monatary policy, since Beijing's refusal to float the RMB is probably the most well known and oft-referred to example of Beijing's autonomy from global (American) economic orthodoxy.Optimo is also probably right in suggesting that I placed too much weight on economic size in setting out a… [read post]
15 Sep 2014, 4:26 am
The Plumbers’ Union lawsuit alleged that the defendants had made various misrepresentation or omissions in the offering documents provided in connection with certain RMBS offerings. [read post]
9 Sep 2014, 6:07 am
In 2008, private-label RMBS issuance dropped to $9 billion, and flat-lined in 2009. [read post]
8 Sep 2014, 1:27 pm
The complaint alleged claims under the Securities Act of 1933, the Ohio Securities Act, the Ohio Corrupt Activities Act, and various common law causes of action arising out of alleged misstatements made in the RMBS offering documents. [read post]
8 Sep 2014, 1:24 pm
Stanton of the United States District Court for the Southern District of New York granted a motion by JPMorgan, Citigroup and several other banks for judgment on the pleadings, dismissing a lawsuit filed by the FDIC, as receiver for Colonial Bank, involving US$388 million in RMBS. [read post]
25 Aug 2014, 7:48 pm
The RMBS litigation settlements to date total $1.6271 billion. [read post]
25 Aug 2014, 11:20 am
Bank N.A., the trustees for the RMBS trusts. [read post]
25 Aug 2014, 11:19 am
Bank as trustee of an RMBS trust against JPMorgan and EMC Mortgage. [read post]
25 Aug 2014, 11:18 am
As part of the settlement, Goldman is repurchasing most of the RMBS at issue. [read post]