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To distinguish banks’ risk taking behavior from changes in economic conditions, we also control for the volume and quality of credit demand based on micro-level data on home mortgages and corporate loans. [read post]
17 Oct 2011, 7:07 pm by Mandelman
  Had they truly missed out on something they should have seen… “Honey, Bob and Judy are buying another huge home, how come we’re not buy another huge home? [read post]
16 Oct 2011, 6:42 pm by Law Lady
MOODY, JONES, INGINO & MOREHEAD, P.A., and GENERAL MOTORS ACCEPTANCE CORPORATION, a/k/a GMAC, Appellees. 4th District.Civil rights -- Municipal corporations -- Ordinance -- Constitutionality -- Four homeless plaintiffs challenge constitutionality of municipal ordinance, which authorizes city agents to issue temporary trespass warning for city property on which warning recipient violates city or state law, and second ordinance, which prohibits storage of personal property on… [read post]
15 Oct 2011, 8:36 am
Based on recent statistics, it shows that bankruptcy filings fell by 8 percent in the first six months of 2011 compared to the first six months of 2010. [read post]
11 Oct 2011, 7:08 am by Lyle Denniston
  One of the newly granted cases seeks clarification of a federal law that protects home buyers from added fees on their mortgage loans when they go to closing. [read post]
6 Oct 2011, 5:00 am by Doug Cornelius
In 2005 the first signs of bad mortgages were popping up and the buyers for the lower rated pieces of mortgage debt were not buying them. [read post]
The AWC alleged that from at least January 2006 to August 2008, Hamsher made misrepresentations and omitted to state material facts in conversations and correspondence with dozens of customers who purchased on his recommendation the preferred securities of financial institutions, including the Federal National Mortgage Association a/k/a “Fannie Mae” (“FNMA”) and the Federal Home Loan Mortgage corporation a/k/a “Freddie Mac”… [read post]
5 Oct 2011, 2:43 pm by Lovechilde
But first comes the song: End the corporate-driven insanity. [read post]
4 Oct 2011, 3:18 pm
Other companies named as defendants include CitiMortgage, Washington Mutual Bank, PNC Bank (which acquired National City Mortgage), Countrywide Home Loans, Mortgage Investors, First Tennessee Bank (which acquired First Horizon Home Loan), Irwin Mortgage and New Freedom Mortgage. [read post]
4 Oct 2011, 8:22 am
Hamsher was accused of making false statements in connection with the sale of the Federal National Mortgage Association or andquot;Fannie Maeandquot; (andquot;FNMAandquot;) and the Federal Home Loan Mortgage corporation or andquot;Freddie Macandquot; (andquot;FMCCandquot;), and falsely represented that these preferred securities were andquot;bonds,andquot; and that upon maturity, the customers would recover their initial investment. [read post]
23 Sep 2011, 5:21 am by Joel R. Brandes
Policy of Broad Pretrial Disclosure Regarding Corporate Interests In Jaffe v Jaffe, --- N.Y.S.2d ----, 2011 WL 4089440 (N.Y.A.D. 1 Dept.) defendant served 37 nonparty subpoenas on the business office maintained by plaintiff's father. [read post]
20 Sep 2011, 7:30 am by Mandelman
 According to Donovan… “Everybody in a neighborhood loses value on their home when a home is foreclosed. [read post]
19 Sep 2011, 5:46 pm by Mandelman
First let me just say that I am not really picking on Rep. [read post]
15 Sep 2011, 8:44 am by William McGrath
As discussed here, the SEC announced it had settled a case with James O'Leary, the former CFO of Beazer Homes USA under Section 304 of the Sarbanes-Oxley Act. [read post]