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21 Aug 2012, 5:15 pm
According to MATA, once a customer’s bonds were sent to the Treasury Department and accepted, the customer was “bonded,” and, with MATA’s help, could draw down that bond to pay “public” debt, including mortgage debt, credit card debt, and tax obligations. [read post]
9 Aug 2012, 9:30 pm
The SEC dropped an investigation into Goldman Sachs Group Inc.'s role in selling mortgage-backed securities. [read post]
1 Aug 2012, 5:51 am
Kent Christian*, President, Financial Network, Wells Fargo Didier Descamps, Co-Head Global Markets Americas, HSBC Securities (USA) Inc. [read post]
9 Jul 2012, 4:21 pm
For example, in America Online, Inc. v. [read post]
7 Jul 2012, 3:50 am
Today, she’s the founder and president of Solari Inc. [read post]
7 Jul 2012, 3:50 am
Today, she’s the founder and president of Solari Inc. [read post]
10th Circuit Rules That Mortgage Borrowers Cannot Sue to Rescind After Three Years - No Matter What!
3 Jul 2012, 9:07 am
Network, Inc. v. [read post]
28 Jun 2012, 6:40 am
In particular, on the committee side, Kramer Levin is currently representing the official committee of unsecured creditors in the chapter 11 cases of Residential Capital, LLC, RG Steel, Hostess Brands, Inc., AES Energy Corporation and Evergreen Solar, Inc. [read post]
13 Jun 2012, 10:21 pm
Former Sentinel Management Group Inc. [read post]
4 Jun 2012, 5:05 am
GMAC Mortgage, LLC, et al, No. 11-11352 (11th Cir. [read post]
1 Jun 2012, 5:45 am
[JURIST] SunTrust Mortgage, Inc. [read post]
10 May 2012, 2:45 am
Network, Inc. v Shelton, 486 F3d 815, 820-821 [citations omitted]). [read post]
1 May 2012, 12:58 pm
TREASURES ON THE BAY II CONDO ASS'N, INC., Appellee. 3rd District.Contracts -- Mortgages -- Action against lender for breach of contract, breach of implied covenant of good faith and fair dealing, and promissory estoppel, alleging lender failed to comply with its obligations under federal Home Affordable Modification Program by declining to issue mortgagor a permanent loan modification -- No implied private right of action exists under HAMP -- To extent claims fall outside… [read post]
15 Mar 2012, 9:53 am
Market Crisis Case On March 13, 2012, the SEC announced that it had brought charges against the CEO, CFO and Chief Accounting Officer of Thornburg Mortgage Inc., alleging that the three executives hid "the company’s deteriorating financial condition at the onset of the financial crisis" and did not disclose severe liquidity problems in the company's Annual Report, as discussed here. [read post]
20 Feb 2012, 7:40 am
Citigroup Inc. is paying $158 mllion as a settlement for accusations that the company took advantage of a federal mortgage insurance program. [read post]
8 Feb 2012, 4:29 am
Complex corporate networks insulate owners from legal claims. [read post]
11 Jan 2012, 6:56 am
Assume that a new loan originator comes bouncing back to the office, announcing that he’s just committed the Bank of Overconfidence to a $10,000,000 loan to Widgets Inc, which wants to grow its business. [read post]
2 Jan 2012, 7:49 pm
McAfee, Inc. (9th Cir. [read post]
8 Dec 2011, 5:00 am
., PermaPave Distributions, Inc., Permeable Solutions, Inc., and Verigreen, LLC), and Interlink-US-Network, Ltd (collectively, “Defendants”). [read post]
4 Nov 2011, 1:42 am
Well, two pillars of transparency, the Financial Services Roundtable’s Housing Policy Council and the Hope Now Banking Alliance (okay, so the “banking” doesn’t really belong in their name, but it sort of does), held a conference call yesterday afternoon for Housing Counseling network partners and other not-for-profit organizations around the country and one of the housing counselors who participated in the call echoed my thoughts from last May, saying that there is… [read post]
