Search for: "Mortgage Investors Corporation"
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10 Jan 2011, 7:35 pm
The insurer contends that the broker-dealer sold a mortgage-backed investment that was designed to fail, causing investors to lose $1 billion. [read post]
18 Apr 2008, 8:54 am
All FBI officials will say is that the probe targets both major and lower ranked corporate insiders and could take years to bring to a close. [read post]
29 Aug 2011, 5:01 pm
Once again, Western and Southern Life Insurance Co. is suing Bank of America Corporation for the alleged misrepresentation of mortgage-backed securities that the financial firm sold to the insurer. [read post]
13 Oct 2008, 9:37 pm
Under regulations in effect prior to the passage of the Act, principal and interest payments on mortgage loans that were deposited into a Federal Deposit Insurance Corporation ("FDIC")-insured institution were treated as owned by the investors (and therefore insured as to the investors) that owned the mortgage loans, and taxes and insurance funds were insured to the mortgagors or borrowers on the theory that the borrower still owns the… [read post]
27 Jul 2021, 9:38 am
., will merge with REIT Capstead Mortgage Corporation (NYSE: CMO). [read post]
7 Jul 2011, 11:19 pm
A HISTORY OF RIPPING OFF EVERYONE The best summary of the whole story is "Reckle$$ Endangerment" by Gretchen Morgensten, but lets look at some of the mortgage company fraud highlights: In the worst acquisition by an American corporation, bar none, Bank of (everything in) America bought Countrywide just before the real estate bubble burst. [read post]
7 Jul 2011, 11:19 pm
A HISTORY OF RIPPING OFF EVERYONE The best summary of the whole story is "Reckle$$ Endangerment" by Gretchen Morgensten, but lets look at some of the mortgage company fraud highlights: In the worst acquisition by an American corporation, bar none, Bank of (everything in) America bought Countrywide just before the real estate bubble burst. [read post]
29 Mar 2009, 11:14 am
Panama has one of the most modern and flexible corporate law frameworks in Latin America. [read post]
6 Aug 2022, 8:54 am
However, as investors cope with the effect and extent of inflation and increasing interest rates, volatility and risk have increased, prompting some corporations to change their spending strategy. [read post]
28 May 2019, 4:39 pm
The Press Release States: * * * Mortgage-backed securities are complex investments that bundle together thousands of mortgage loans of potentially varying quality, where the investor typically relies on assurances that the loans have been carefully screened for risk. [read post]
2 Jul 2008, 5:06 pm
Wachovia Corporation announced this week that it is taking a number of actions to help its mortgage customers deal declining home values and other challenges in today's economy. [read post]
21 Apr 2015, 1:52 pm
In other words, when people are down, their mortgages underwater, corporations should just keep kicking – they’re really just doing it for us. [read post]
15 Jul 2008, 10:09 am
In the latest adverse development in the deepening credit crisis, federal regulators recently seized the assets of IndyMac Bank, a major mortgage lender. [read post]
17 Jan 2018, 1:55 pm
The Alabama Securities Commissioner is concerned that investors are “betting the farm” and taking out mortgages on their homes, tapping home equity lines and using credit cards to jump into the bitcoin mania. [read post]
1 May 2014, 9:00 am
The complaint states that Fischer committed securities fraud when he obtained funds from four investors during the purchase of the campground. [read post]
28 Jan 2015, 5:04 am
The settlement addresses DOJ's allegations that S&P had defrauded investors in structured financial products and resolves DOJ's and the states' 2013 lawsuit against S&P, which alleged that investors incurred substantial losses on Residential Mortgage-Backed Securities ("RMBS") and Collateralized Debt Obligations ("CDOs") as a result of inflated ratings issued by S&P. [read post]
8 Oct 2008, 2:16 pm
Now, I personally believe and was among the very first to suggest that a HOLC, a Homeowners Loan Corporation, could be a preferable way of unfreezing and beginning to fix our struggling mortgage market. [read post]
6 Dec 2011, 3:27 am
The $75 million Wachovia equity investors’ settlement comes on the heels of the public disclosure of the $315 million Merrill Lynch mortgage-backed securities settlement, which Alison Frankel first reported in a November 18, 2011 article on Thomson Reuters News & Insight (here). [read post]
7 Jun 2022, 3:29 am
, announces Merger Plans and IPO According to a letter to investors on November 12, 2021, The Parking REIT changed its name to Mobile Infrastructure Corporation. [read post]
6 Jan 2011, 3:28 pm
Trust experience and knowledge™.Focus on Investors - Doing business in Panama with your eyes open! [read post]
