Search for: "Washington Mutual Bank Mortgage Securities"
Results 101 - 120
of 156
Sort by Relevance
|
Sort by Date
11 Aug 2010, 8:02 am
Banks can obtain money through sale of their own securities (investment banks) or through taking deposits (retail or commercial banks). [read post]
13 Jul 2010, 2:32 am
Though there is definitely a school of thought that defendants are faring better on the subprime securities cases in general, the plaintiffs are still managing to get some cases past the initial pleading hurdles, particularly in many of the highest profile cases (e.g., Countrywide, New Century, Washington Mutual, etc.). [read post]
8 Jun 2010, 4:58 pm
The Big Players are General Motors, Chrysler, Lehman Brothers, Bear Stearns, Washington Mutual and Countrywide. [read post]
5 May 2010, 11:38 am
Second runner-up: Dear Sheila, You really know how to stir up a colleague’s vacation… ~ John Reich, former director of the Office of Thrift Supervision, in an August 6, 2008 email to FDIC Chairman Sheila Bair, as FDIC pressured OTS to take more forceful enforcement action against the troubled Washington Mutual Bank. [read post]
4 May 2010, 1:43 pm
Finally, Farley was charged with fraudulently obtaining $1.2 million from Washington Mutual Bank in a check kiting scheme by transferring funds he did not have among several Alliance Resource Management bank accounts, and withdrawing scheme proceeds before the “insufficient funds” checks were returned. [read post]
1 May 2010, 7:15 am
The recent decision In re Washington Mutual, Inc. [2] (which was followed even more recently in In re Accuride Corporation [3]) applies the disclosure requirements in Rule 2019 to members of an ad hoc group participating in a Chapter 11 case. [read post]
22 Apr 2010, 11:45 am
Banks, mortgage brokers, securities finns, hedge funds, and others were left holding suddenly unmarketable mortgage backed securities whose value began plummeting. [read post]
16 Apr 2010, 5:19 am
These families were hardly a match for the sophisticated operation at Washington Mutual, run by Tom and Mario. [read post]
16 Apr 2010, 2:45 am
First, again quoting Levin, the press release states that "examining how Washington Mutual operated, and what its insiders were saying to each other, begins to open a window into the troubling mortgage lending and securitization practices that took our economy over a cliff. [read post]
14 Apr 2010, 3:55 am
Long Beach Mortgage, ACC’s wholesale lender, would later be bought by Washington Mutual. [read post]
13 Apr 2010, 10:37 am
Journal, Apr. 8, 2010 at C1 James Kelso, once a star mutual-fund manager, was accused by the Securities and Exchange Commission of deliberately inflating the value of subprime securities in order to hide losses in his funds after the real-estate bubble burst. [read post]
26 Mar 2010, 4:28 pm
(That led the Bank to sell the subsidiary to Washington Mutual, Inc., a company that landed some seven years later in the midst of the sub-prime mortgage fracas in the U.S., and wound up with its banking assets being taken over by J.P. [read post]
25 Feb 2010, 12:59 pm
While mortgage fraud is a difficult crime to detect, enormous losses suffered by banks, putting the likes of Washington Mutual and Wachovia out of business, have caused lending institutions to ramp up security. [read post]
16 Feb 2010, 1:03 am
This list of cases in this series includes the PMI Group case (here), the Washington Mutual case (here), and the BankAtlantic Bancorp case (here). [read post]
5 Feb 2010, 6:05 am
We will have to rescue banks whose failure will endanger other banks even if these failing banks are engaging in traditional activities. [read post]
3 Dec 2009, 9:07 pm
AIG paid out an additional $43.7 billion to many of the same banks, which were also customers of the securities-lending operation run out of AIG's insurance division…” “The reason AIG has cost taxpayers $170 billion — and the reason the Obama Administration seemed willing, at least at first, to hold its nose and accede to bonuses for the company's managers — is that it's too big to fail. [read post]
14 Sep 2009, 1:30 pm
As investors and pension-holders watched with dread and dismay, and after a series of emergency meetings often conducted in the dead of the night, several of the world’s largest and oldest financial institutions had fallen, either bankrupt, bought, or bailed out: Lehman Brothers, Merrill Lynch, AIG, Washington Mutual, Wachovia. [read post]
7 Sep 2009, 5:37 am
Go Expert allegedly provided fraudulent information on mortgage applications to Washington Mutual and Regions Bank. [read post]
5 Aug 2009, 2:16 am
Washington Mutual Bank, which was acquired by JPMorgan last September, alleges that Gabriel Martin, whose law license has been suspended since 2006, prepared loan documents as its closing agent but failed to properly carry out his duties. [read post]
15 Jun 2009, 8:48 pm
The impact has been felt largely in the mortgage lending fieldâ€â [read post]
