Search for: "Security National Mortgage Company"
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26 Jun 2010, 4:59 pm
Transparency & Accountability for Exotic Instruments: Eliminates loopholes that allow risky and abusive practices to go on unnoticed and unregulated — including loopholes for over-the-counter derivatives, asset-backed securities, hedge funds, mortgage brokers and payday lenders. [read post]
25 Jun 2010, 9:22 am
The Office is patterned on an executive agency envisioned by the National Institute of Finance Act of 2010, S 3005, sponsored by Senator Jack Reed, Chair of the Securities Subcommittee.The Office would not only develop the metrics and tools financial regulators need to monitor systemic risk, it would also help policymakers by conducting studies and providing advice on the impact of government policies on systemic risk. [read post]
24 Jun 2010, 2:43 pm
National Australia Bank, et al. (08-1191). [read post]
24 Jun 2010, 9:20 am
National Australia Bank case. [read post]
22 Jun 2010, 8:18 am
Still others assert that they relied on quantitative models that (based on an inaccurate assessment of the possibility of a national decline in U.S. home values) wrongly suggested little or no probability of loss on these residential mortgage related securities. [read post]
19 Jun 2010, 5:59 am
These same banks and their commercial lenders and retail mortgage companies, created toxic mortgage products designed for nothing more than refinancing in a year or two, and then used predatory lending strategies and tactics to take advantage of people of ALL COLORS, of all ethnicities. [read post]
17 Jun 2010, 5:27 am
(“Taylor Bean”) for allegedly selling at least $1.5 billion in fictitious and impaired residential mortgage loans to Colonial Bank and its parent company, The Colonial BancGroup, Inc. [read post]
14 Jun 2010, 7:00 am
Jon Kyl doesn't think much about the government helping the unemployed who have been laid off because of the financial crisis, triggered by greedy excesses at the nation's biggest banks and mortgage lenders. [read post]
8 Jun 2010, 9:36 am
The House financial reform legislation, HR 4173, would require companies that sell products like mortgage-backed securities to keep some “skin in the game” by retaining at least five percent of the credit risk. [read post]
7 Jun 2010, 12:52 pm
Increased losses in the GSEs are not threats to our national viability – shutting them down would be. [read post]
7 Jun 2010, 8:03 am
I’ve heard from and spoken with many thousands of homeowners across the country, and I’ve heard the horrific stories of what it’s been like to deal with our nation’s banks and mortgage servicers. [read post]
2 Jun 2010, 1:35 pm
Social Security is broke. [read post]
2 Jun 2010, 10:50 am
Investment contracts raise additional questions under corporate/partnership, tax and securities laws. [read post]
1 Jun 2010, 3:42 am
According to the Post, “there are currently 6 million homeowners 60 days or more delinquent on their mortgage,” which makes these companies very attractive to investors. [read post]
28 May 2010, 6:42 pm
The Attorney General’s office also reported an increase in complaints against mortgage rescue companies that prey on homeowners who are desperate to save their homes. [read post]
25 May 2010, 4:32 pm
Investment contracts raise additional questions under corporate/partnership, tax and securities laws. [read post]
25 May 2010, 2:52 pm
It’s a broad definition of financial fraud: mortgage scams that target the elderly, Ponzi schemes that shock the world, tax fraud that steals money from our nation’s coffers, predatory lending that discriminates against vulnerable communities, credit card fraud that strikes broadly, and the list goes on. [read post]
23 May 2010, 7:18 pm
" According to Housing Wire, in the first quarter of 2010, the two broke mortgage giants "forced lenders to repurchase $3.1bn of mortgages out of their securities and off their books in Q110, up 64% from nearly $1.9bn one year earlier. [read post]
21 May 2010, 6:15 am
It was formed from a merger of the National Association of Securities Dealers and the self-regulatory functions of the New York Stock Exchange. [read post]
21 May 2010, 4:38 am
Section 409The legislation raises the asset threshold above which investment advisers must register with the SEC from the $25,000,000 set in 1996 by the National Securities Markets Improvement Act to $100,000,000. [read post]
