Search for: "Residential Funding Corporation"
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13 Jul 2009, 3:50 pm
While the focus of the recently enacted Land Bank Legislation has been as a tool for addressing abandoned residential properties, its utility should also be examined for application to brownfields. [read post]
10 Jul 2009, 7:00 am
The Mayor was joined by Community Affairs Commissioner Nazli Parvizi, Economic Development Corporation President Seth W. [read post]
8 Jul 2009, 4:09 pm
Nine fund managers were named for the Legacy Securities Public-Private Investment Program (commonly referred to as "PPIP"), according to today's joint press release by the Treasury Department, the Federal Reserve, and Federal Deposit Insurance Corporation. [read post]
8 Jul 2009, 2:39 pm
Bernanke, and Chairman of the Federal Deposit Insurance Corporation Sheila Bair on the Legacy Asset Program To view the Letter of Intent and Term Sheets, please visit link. [read post]
8 Jul 2009, 8:28 am
Reports suggest that they manage over 300 properties totalling more than 17,000 residential units. [read post]
15 Jun 2009, 12:19 pm
The servicer advance receivables consist of AHMSI’s contractual rights to reimburse-ment for advances AHMSI makes in its capacity as servicer under servicing agreements for securitized residential mortgage loans.The TALF program was developed to encourage the expansion of credit to consumers and small businesses and to provide servicers alternative sources of funding for advancing obligations in residential securitizations by facilitating the issuance and… [read post]
14 Jun 2009, 4:32 am
" Capmark Finace had its early beginnings in 1994, when the company operated under General Motors ownership as GMAC Commercial Mortgage Corporation. [read post]
10 Jun 2009, 2:28 pm
A Carbon Storage Research Corporation is tasked with developing and demonstrating new CCS technologies, financed by a small "wires charge" on existing fossil generation. [read post]
8 Jun 2009, 7:29 pm
Instead, the top 19 U.S. banks are in a race to repay TARP funds, and the government has said that until the stress test equity levels are raised, TARP funds cannot be repaid by these banks. [read post]
8 Jun 2009, 10:00 am
The announcement was made possible in part by a $109,000 grant from the One North Carolina Fund. [read post]
5 May 2009, 6:21 pm
Beazer Homes is a residential home builder that also provided home loan and mortgage finance services to home buyers. [read post]
15 Apr 2009, 6:49 am
Foreign holdings of U.S. government and corporate debt skyrocketed. [read post]
5 Apr 2009, 1:26 pm
In December 2008, after the Securities and Exchange Commission (”SEC”) concurred in the exclusion of shareholder proposals seeking greater disclosure of risks related to mortgage investments at Washington Mutual, a coalition of over 60 investors called on then President-Elect Obama to limit the ability of companies to exclude shareholder proposals related to corporate risk evaluation.[10] The corporate governance challenges for the companies being targeted by… [read post]
1 Apr 2009, 11:50 pm
In re Countrywide Corporation Shareholders Litigation, Del. [read post]
26 Mar 2009, 8:49 am
In addition, Treasury expanded the Term Asset-Backed Securities Loan Facility (“TALF”) program to include Legacy Securities.The Legacy Securities Program The Securities Program, which will be administered by Treasury, involves the creation of public-private investment funds (“PPIFs”) to target investments in eligible residential mortgage-backed securities (“RMBS”) and commercial mortgage-backed securities… [read post]
25 Mar 2009, 7:27 pm
Under this program the Federal Deposit Insurance Corporation ("FDIC") will oversee the formation and operation of multiple PPIFs to purchase legacy loans from insured banks and thrifts. [read post]
24 Mar 2009, 10:40 am
A funding under the TALF program is structured as a loan from the Federal Reserve Bank of New York to an eligible borrower — which includes any U.S. company that owns eligible collateral and maintains an account relationship with a primary dealer.In order to qualify as eligible collateral, servicing advance receivables must relate to principal, interest, tax, insurance or corporate advances on residential mortgage loans. [read post]
11 Mar 2009, 2:22 am
Bankruptcies Double: Though it is early yet, one of 2009’s stories of the year has to be the surge in corporate bankruptcies. [read post]
9 Mar 2009, 1:06 am
Rezoning is primarily a paper work reclassification of the land from one zoning category to another -- say from agriculture to residential zoning). [read post]
2 Mar 2009, 12:43 pm
Baker, who represents the 26 petitioners, including Develop Don't Destroy Brooklyn, which organized and funded the case. [read post]
