Search for: "Wall Street Mortgage Bankers" Results 81 - 100 of 473
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
28 Jan 2009, 12:05 pm
Rescued from the bin: jaded as I am from the Wall Street Journal's blather about how the whole housing mess is all the fault of Jimmy Carter and those other evil Democrats who seduced honest and responsible bankers out of the paths of righteousness, it is refereshing to run across this item from the same Wall Street Journal in 2007, chronicling the career of the late Ed Gramlich:Edward Gramlich, who was Fed governor from 1997 to 2005, said he… [read post]
18 Jan 2011, 10:14 am by Rich Vetstein
The Big Short teaches us that Wall Street bankers knew as early as 2006 about the rising default rate on sub-prime mortgages but engaged in an elaborate scheme to hide that reality from ratings agencies and investors. [read post]
10 Jul 2012, 6:31 am by Jeff Sovern
And from the Wall Street Journal: Banks and other lenders, while supportive of the bureau's overall goals, have some reservations. [read post]
5 Oct 2011, 2:43 pm by Lovechilde
If we make demands of Wall Street, we're saying that Wall Street has the power. [read post]
12 Sep 2013, 8:42 am by Todd Zywicki
The idea was that a little “skin in the game” would make Wall Street firms a bit more cautious about what they securitized. [read post]
26 Jul 2011, 4:29 pm
NCUA sues JPMorgan and RBS to recover losses from failed institutions, Housing Wire, June 20, 2011 NCUA seeks $629M in damages from RBS Securities, Credit Union National Association, July 19, 2011 Feds Sue Bankers Over Fall in Bonds, The Wall Street Journal, June 21, 2011 [read post]
5 Jan 2009, 7:22 pm
Shortly before New Years Day, Housing Wire broke the story that the FDIC's negotiations to sell most of IndyMac to a consortium of Wall Street sharks private equity funds was being held up by mortgage loan buyback demands made by Fannie Mae. [read post]
17 Dec 2009, 3:00 am by LindaMBeale
We should start a letter writing campaign on these and other issues so that Congress hears again and again that we do not want Wall STreet to make the rules to its own advantage. [read post]
3 Mar 2009, 1:40 pm
The Mortgage Bankers Association keeps pushing its ridiculous figures. [read post]
13 Oct 2006, 1:02 am
The Wall Street Journal, in an article entitled "Bad Loans Draw Bad Blood" (paid subscription required), asks a question that we've been asking for the last year: As the housing sector cools, the mortgage market faces an awkward question: Who takes the hit when loans go bad? [read post]
23 May 2012, 7:52 pm by Kevin Funnell
  Despite purportedly dramatically more stringent oversight, as mandated by the Dodd-Frank act, it’s “Deja Vu all over again” (to quote Yogi Berra) on Wall Street. [read post]
18 Feb 2009, 7:03 am
UPDATE: Read this great piece in the Huffington Post, entitled It's Time to Treat America's Homeowners as Well as We've Been Treating Wall Street's Bankers. [read post]
6 Oct 2017, 10:13 am by zamansky
Regular readers of this blog know that on Wall Street, greed is considered good. [read post]
23 Jun 2011, 9:52 pm
The defendants are accused of getting the wholesale credit unions to purchase over $3 billion in mortgage-backed securities that, according to The Wall Street Journal, were “destined to perform poorly. [read post]
28 Jan 2008, 11:14 am
And I think as mortgages became securitized and Wall Street became involved, they became very transactional and there was no relationship built with the borrower and the lender. [read post]
15 Feb 2011, 12:57 pm by Rich Vetstein
In the mid-1990s, mortgage bankers created MERS to facilitate the complex mortgage securitization system where hundreds of thousands of mortgage loans were (and still are) packaged and bundled as securities for sale on Wall Street. [read post]
14 May 2009, 12:14 pm
"January 2, 2007: "Wall Street Journal survey of economists finds expectation that service sector will keep humming along while housing and manufacturing slumps abate and Federal Reserve begins to reduce interest rates; rapid expansion of technology companies and huge bonuses for investment bankers are signs of sector's strength. [read post]
24 Nov 2008, 3:41 am
Loose underwriting (in addition to outright criminal behavior and borederline-lunatic risk taking on Wall Street) played a huge role in creating the current crisis. [read post]
17 Sep 2007, 8:03 pm
According to today's The Wall Street Journal's Deal Journal, nervous bankers are pulling the plug on a number of deals. [read post]