Search for: "Security National Mortgage Company"
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28 Nov 2009, 6:51 am
The company, which also does business as Fair Finance, stopped making vehicle loans in 1959 and evolved into providing second mortgages, small consumer loans, and financial investments. [read post]
24 Nov 2009, 1:24 am
A November 21, 2009 National Law Journal article entitled "Securities Fraud Suits Resurface" (here, registration required) examines these patterns and reports that as plaintiffs’ lawyers turn away from credit crisis-related cases and turn back to "traditional securities suits," the plaintiffs are "slapping public companies with securities class actions months or years after the fraud came to light. [read post]
17 Nov 2009, 3:26 pm
This unique treatment of residential mortgage-backed securities distinguishes the NAIC as the only regulator to analyze these securities and require capital based upon the expected loss amount for a particular company. [read post]
6 Nov 2009, 1:52 am
Supreme Court is considering whether to grant certiorari in the National Australia Bank ("NAB") case, which involves foreign-cubed or f-cubed litigation. [read post]
4 Nov 2009, 7:20 am
"I wanted to feel safe and secure, " she recalled. [read post]
31 Oct 2009, 10:59 am
 Chris goes on to say: The reliance on such companies points to an ironic paradox for federal regulators: Cleaning up the nation's financial crisis often rewards the firms that helped create the mess. [read post]
30 Oct 2009, 12:57 pm
She has fallen behind on her mortgage payments and recently received a shut-off notice from her local utility company. [read post]
25 Oct 2009, 10:18 am
• National home prices are predicted to shrink another 11%. [read post]
23 Oct 2009, 9:53 am
Central write down its mortgage-backed securities by $1.2 billion and injected $1 billion into the ailing institution. [read post]
19 Oct 2009, 1:24 am
Lawyers Vexed by New Law Barring Up-Front Fees for Mortgage Modification Work
The Recorder
Backers of a new California law that bars mortgage modification services from charging up-front fees say the rules will put scam artists out of business. [read post]
13 Oct 2009, 1:35 am
Circuit's docket last week was a suit alleging the government unlawfully wiretapped and watched a man after he made a passing remark about airline security on the telephone. [read post]
12 Oct 2009, 1:05 pm
It is an opportunity provided under the federal laws of our great nation to prevent an individual or business from drowning in bills that cannot possibly be repaid. [read post]
7 Oct 2009, 8:45 pm
Thus, if the value of the home is under water and worth less much less than the amount due on the mortgage, the homeowner can now be liable to the mortgage company for hundreds of thousands of dollars more than what the home is worth. [read post]
2 Oct 2009, 5:42 am
Frank Bluestein, a Detroit-area financial adviser, has been charged by the Securities and Exchange Commission (SEC) of luring elderly investors into refinancing their home mortgages in order to fund investments in a $250 million Ponzi scheme operated by Edward May and his company, E-M Management Company LLC (E-M). [read post]
22 Sep 2009, 6:23 am
6) How did Fannie Mae and Freddie Mac’s engagement in the mortgage-backed securities market and the treatment of their debt as government-guaranteed contribute to the crisis? [read post]
20 Sep 2009, 7:38 am
Its has sold a 50% interest in a new company holding $1.3 billion of toxic mortgages. [read post]
14 Sep 2009, 1:30 pm
Home foreclosures linked those who took out home loans and those who repackaged those loans as securities. [read post]
10 Sep 2009, 5:27 pm
Thus, if the value of the home is under water and worth less much less than the amount due on the mortgage, the homeowner can now be liable to the mortgage company for hundreds of thousands of dollars. [read post]
10 Sep 2009, 6:24 am
The secured debt consisted of both conventional mortgage debt as well as debt that was securitized in the Commercial Mortgaged-Backed Securities (CMBS) market. [read post]
10 Sep 2009, 6:24 am
The secured debt consisted of both conventional mortgage debt as well as debt that was securitized in the Commercial Mortgaged-Backed Securities (CMBS) market. [read post]
