Search for: "Mortgage Investors Corporation"
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23 Sep 2011, 4:51 pm
It requires continually recruiting new money to keep paying off new investors in the Ponzi scheme. [read post]
22 Sep 2011, 4:25 am
The corporate structure of prior ownership of the Site is complex. [read post]
19 Sep 2011, 9:48 am
Seventeen major banks are now facing lawsuits regarding toxic assets they sold to investors during the mortgage boom. [read post]
19 Sep 2011, 1:30 am
The case involves claims asserted by investors who purchased certain mortgage-backed securities issued by various Morgan Stanley related entities. [read post]
16 Sep 2011, 8:18 am
Dunn did not disclose to investors that he would misappropriate a portion of their funds to pay his mortgage, make car payments, pay for car insurance and a variety of other personal expenses. [read post]
15 Sep 2011, 8:44 am
As discussed here, the SEC announced that it "is in the process of re-establishing an Investor Advisory Committee," while Commissioner Luis A. [read post]
14 Sep 2011, 2:00 am
Nor do they understand that many of the deductions that the middle class also enjoys --for example, the mortgage interest deduction--give special benefits to the elite. [read post]
13 Sep 2011, 10:41 am
Investors who bought toxic mortgage-backed bonds from Bank of America’s Countrywide, and homeowners seeking loan modifications are proposing drastic measures to better enable BofA to deal with the onslaught of their litigation without a bankruptcy or a receivership imposed by the Federal Deposit Insurance Corporation. [read post]
8 Sep 2011, 2:40 pm
The 2011 Illinois Corporate Colloquium got off to a good start with Houman Shadab presenting his paper, The Good, the Bad, and the Savvy: Credit Risk Transfer Governance. [read post]
7 Sep 2011, 1:23 am
Other settlements include the following: Washington Mutual, $208.5 million (refer here); Wells Fargo Mortgage Backed Securities, $125 million (refer here); National City, $168 Million (refer here); Colonial Bank, $10.5 million (refer here); and Lehman Brothers executives, $90 million (refer here). [read post]
3 Sep 2011, 6:06 am
Quality Claims Management Corporation, based out of San Diego, California, provides hazard claim recovery services to investors, mortgage servicers, homeowners and businesses. [read post]
1 Sep 2011, 8:21 am
Nearly one in three homes with a mortgage is underwater, worth less than the mortgage. [read post]
31 Aug 2011, 7:19 pm
Allowing modification of mortgage loans in bankruptcy would go much further to doing that. [read post]
31 Aug 2011, 9:55 am
These issuers include certain mortgage-backed securities issuers and certain REITs The Concept Release provides an overview of mortgage-related pools and requests data and comment on their management styles, corporate governance, and similarities to traditional investment companies. [read post]
31 Aug 2011, 7:32 am
Image source: Herman Miller website ——— Want to see more of what’s hidden in corporate filings? [read post]
30 Aug 2011, 7:17 am
We now know that the American taxpayer was asked to rescue failing businesses without being given any of the concessions any other lender or investor would have been demanded -- like replacing the failed executives who ruined the enterprise, ending the practices that brought down the corporation (and the economy), or ensuring that the lender (who is also a customer) be treated fairly in all future business dealings. [read post]
24 Aug 2011, 2:55 am
Parker affirmed the dismissal of the subprime-related securities lawsuit that had been brought against Regional Financial Corporation and certain of its directors and officers. [read post]
22 Aug 2011, 1:05 pm
What if their investor told them that mortgage backed securities were the way to go? [read post]
20 Aug 2011, 10:47 am
But issuers have been paying rating agencies for ratings on corporate bonds for a long time and that does not appear to have been a problem despite the genuine conflict. [read post]
19 Aug 2011, 7:07 am
The concern is that S&P might have handed out high ratings to please their customers, thus leaving investors under the false impression that the mortgage-backed securities were sound. [read post]
