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4 Nov 2014, 9:10 pm by Allison Tussey
Totten also ran a separate scheme to skim inflated equity from real estate sales, including luxury homes in Hawaii and Colorado. [read post]
When condominiums are added to a hotel project, equity credits earned through condominium presales can provide debt financing approaching 90 percent loan-to-cost leverage. [read post]
20 Oct 2014, 3:27 am by Peter Mahler
” Adjustment Rejected for Post-Report Financials The Vannucci Report, prepared in August 2013, valued the company’s equity as of December 31, 2012. [read post]
20 Oct 2014, 12:38 am by Tessa Shepperson
If you want to go down this route, I would recommend you use the Sheriffs service. [read post]
17 Oct 2014, 10:12 am by Lax & Neville LLP
The penalty stems from UBS’ alleged recommendation to customers to use personal loans (“non-purpose loans”) for the purchase of municipal bond funds that ultimately trailed the sinking Puerto Rican economy. [read post]
2 Oct 2014, 3:38 pm
On the other hand, the real difficulty for firms was explaining to potential lenders how IP will service loans, especially as lenders made it clear that their credit must be repaid, and that ideally, they wish to own the business and not the IP.As recognised by the Head of Investment Banking at Deutsche Bank, it is clear that if a bank wants to lend, transparency is key. [read post]
1 Oct 2014, 7:37 am by Allison Tussey
The case was investigated by the Federal Bureau of Investigation and the United States Postal Inspection Service and is being prosecuted by Assistant United States Attorney Anita Eve.The post 6 Indicted for Foreclosure Rescue, Equity Stripping Scam appeared first on Mortgage Fraud Blog. [read post]
10 Sep 2014, 7:37 pm by James Hamilton
Scott Garrett (R-NJ), Chair of the Capital Markets Subcommittee of the Financial Services Committee, and Rep. [read post]
7 Sep 2014, 11:00 am by Jim Butler
In an era where construction loans — particularly low-cost mezzanine loans to increase leverage to 80-85% — are difficult to obtain, significant investment dollars provided by EB-5 immigrant investors have been an important addition to hotel developers looking for capital. [read post]
4 Sep 2014, 8:11 am by Allison Tussey
According to evidence presented at trial and at his sentencing hearing, Head was the CEO of a group of brokerage and financial companies in Orange County and Los Angeles County: Head Financial Services, Creative Loans, and others. [read post]
3 Sep 2014, 4:34 pm by James Hamilton
Scott Garrett (R-NJ), Chair of the Capital Markets Subcommittee of the Financial Services Committee, and Rep. [read post]
31 Aug 2014, 4:42 pm by Adam Levitin
  If the FDIC is going to be guaranteeing all bank liabilities, it needs to be charging full freight for the service. [read post]
25 Aug 2014, 8:39 am by Jim Butler
In most loan documents, the lender will have approval rights over who is managing the hotel. [read post]
5 Aug 2014, 4:26 pm by Patrick Harder
The project was awarded to a Concessionaire headed by Meridiam (approx. 90% equity) and Bouygues Construction (approximately 10% equity) and reached financial close in October, 2009, at the height of the recession following the collapse of Lehman Brothers. [read post]
5 Aug 2014, 7:00 am
Zillow provides some of the functions that customers would obtain as part of mortgage brokerage services, and one of its registrations covers "providing mortgage and home equity loan quotations to others. [read post]