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29 Nov 2010, 8:59 am by Celeste Blackburn
The author targets group behavior in the final entry of his trilogy of corporate fables. [read post]
19 Nov 2010, 7:15 am by admin
    That wouldn’t matter so much if the loans were collateralized by remarketable assets like mortgaged formal homes, but as these are consumer loans, where the repayment is predicated on mutual personal expectations, collapse of the MFI could mean collapse of repayment. [read post]
18 Nov 2010, 6:00 am by William Carleton
Don't debit non-recourse deficiencies in a mortgage from an investor's net worth, for purposes of the new net worth standard. 7:41 am Pacific: Marianne Hudson of ACA now speaking. [read post]
17 Nov 2010, 7:47 pm by Kevin Funnell
Morgan Chase over which entity assumed or retained WAMU's liabilities to investors in mortgage-backed securities sold by WAMU for claims related to alleged misreprsentations by WAMU, such as not telling investors that the mortgages backing the securities smelled like bat guano. [read post]
15 Nov 2010, 11:51 am by LindaMBeale
  Third, both countries share the stagnation of middle class wages--and what is worse in the US is that we have at the same time huge increases in inequalities as the "investor/manager class" continues to reap all the rewards of the economic system and be favored by the tax system so that it reaps most of the subsidies provided that way as well (the huge part of the benefit of the extra large housing mortgage interest deduction is enjoyed by the wealthiest Americans,… [read post]
15 Nov 2010, 10:59 am by Mandelman
  But it wasn’t Treasury bills that he was buying last year, it was mortgage- and asset-backed securities, and no one but the Fed would buy those. [read post]
13 Nov 2010, 5:01 am by Renee Newman Knake
   News clips about the Ticktin Law Group's foreclosure work are available here. [read post]
10 Nov 2010, 7:56 pm by Kevin Funnell
" The panelists will be Sharlyn Lauby, president of ITM Group of Ft. [read post]
8 Nov 2010, 8:19 am by blacklobellolaw
Mortgage investors, industry groups, and academics are currently putting their support behind government insurance for mortgages. [read post]
5 Nov 2010, 1:04 pm by Ted Allen
The resolutions contend that the business group's political activities, including its opposition to legislation to address global warming and healthcare, could be harmful to the reputation of the companies. [read post]
1 Nov 2010, 8:05 am by Celeste Blackburn
The author targets group behavior in the final entry of his trilogy of corporate fables. [read post]
1 Nov 2010, 7:13 am by Mandelman
  According to the Loan Value Group’s Website: “LVG has created a patent-pending, turnkey solution to incentivize mortgage borrowers to make consistent and timely payments. [read post]
1 Nov 2010, 3:00 am by LindaMBeale
  If a REMIC is disqualified, it is almost certainly a "taxable mortgage pool" under section 7701(i) of the Code that is subject to corporate taxation without the ability to be consolidated with other members of the same affiliated group. [read post]
21 Oct 2010, 6:24 am by David G. Badertscher
The court system's affirmation form notes that foreclosure filings in various U.S. courts have been subject to such defects as failure to review documents and establish standings, bogus affidavits and the "robo-signing" of documents.Bondholders Gear Up to Sue Banks Over $47 Billion in Countrywide Mortgage-Backed SecuritiesThe American LawyerA group of eight institutional investors who collectively hold more than 25 percent of the voting rights in more than… [read post]
18 Oct 2010, 1:33 am by Kevin LaCroix
The article also quotes a representative of one shareholder group as "disappointed" that the UBS Board decided not to pursue a civil lawsuit against the former directors. [read post]
12 Oct 2010, 7:40 am
., CitiFinancial Mortgage assigned its interest in a mortgage to two investors—doing business as “The Patrick Group”—but never delivered the original or a copy of the underlying note. [read post]
12 Oct 2010, 5:26 am by David G. Badertscher
While it reached the same conclusion, eight pages of material had been removed, including key passages in which the judge dismantled the government's case against the detainee.K&L Gates, Thompson & Knight Sued for Roles in 'Ponzi-Like' SchemeThe National Law JournalA group of investors in a now-bankrupt entity that controls about 500 real estate companies has filed a class action against K&L Gates and Thompson & Knight for allegedly aiding in a… [read post]