Search for: "Mortgage Investors Group"
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17 Aug 2009, 6:48 am
By Jonathan Stempel NEW YORK (Reuters) - A former Credit Suisse Group AG broker used bait-and-switch tactics in fraudulently steering corporate clients into risky mortgage investments they did not want, federal prosecutors said on Friday. [read post]
11 Aug 2009, 9:48 am
" Investors beware. [read post]
11 Aug 2009, 8:55 am
The Young Group, a leading Property Investment Group, carries out a quarterly survey of investor market sentiment. [read post]
10 Aug 2009, 11:52 am
AIG was brought to the brink of collapse last year amid towering losses related to insurance products the company sold to investors with souring mortgage-backed investments. [read post]
10 Aug 2009, 7:13 am
In both the SEC and FINRA notices, the "products" in question include a group of seven proprietary mutual funds that are facing a slew of arbitration claims by investors who suffered sizable losses in 2007 and 2008 because of investing gambles made by Morgan Keegan in risky debt and other mortgage-related holdings. [read post]
10 Aug 2009, 1:01 am
That would simplify the tax law while improving its equity.The mortgage interest deduction is the subject of two ideas. [read post]
5 Aug 2009, 2:16 am
Patton Boggs Picks Up Mortgage Finance Group
The National Law Journal
Patton Boggs has brought on a six-lawyer mortgage finance team from Weiner Brodsky, the firm announced Tuesday. [read post]
31 Jul 2009, 6:00 am
The men "lied" to prospective investors about the use of funds and spent $7.2 million buying a $85,000 Maserati, a $90,000 Ferrari, and paying about $80,000 on jewelry and almost $1 million on the mortgage for a vacation house, the SEC said. [read post]
23 Jul 2009, 2:02 pm
There have been several investigations nationwide leading to settlements in which firms paid back investors. [read post]
21 Jul 2009, 2:51 pm
Tzolov is expected to plead guilty to charges that he sold higher-risk mortgage-backed auction rate securities to investors who thought they were getting lower-risk student loan-backed securities as part of a scheme to collect higher commissions in what is reportedly to the only criminal prosecution to date arising from the auction rate debacle. [read post]
21 Jul 2009, 7:48 am
Securities Litigation and Consulting Group, Inc. [read post]
20 Jul 2009, 11:14 pm
Related Web Resources: High-Profile Investor Sues Carlyle Group, Forbes.com, July 13, 2009 Carlyle Sued Over Fund's Losses, Forbes.com, July 13, 2009 [read post]
18 Jul 2009, 7:31 am
The collapse of the subprime mortgage market, the ensuing credit crisis, the demise of several major investment banks and, perhaps most of all, the Madoff case led to a loss of confidence in the agency’s ability to protect investors. [read post]
15 Jul 2009, 6:51 am
Schapiro also said she would welcome legislation that would allow investors to sue credit rating firms, such as Moody's and Standard & Poor's, which have been criticized by investors over the high ratings that they gave to mortgage-backed securities before the credit crisis. [read post]
15 Jul 2009, 6:38 am
According to RiskMetrics Group, approximately 80 percent of investors own their shares through brokers, and only one-third of retail voters vote their shares. [read post]
8 Jul 2009, 4:09 pm
PPIP is "initially" designed to "participate in the market for commercial mortgage-backed securities and non-agency residential mortgage-backed securities," by enabling the Treasury Department to "invest up to $30 billion of equity and debt in PPIFs [PPIP funds] established with private sector fund managers and private investors for the purpose of purchasing legacy securities," according to today's press… [read post]
8 Jul 2009, 2:39 pm
Initially, the Legacy Securities PPIP will participate in the market for commercial mortgage-backed securities and non-agency residential mortgage-backed securities. [read post]
7 Jul 2009, 12:40 am
In a federal class action filed in Dallas on behalf of Mexican investors, the lawyers accused U.K. insurance giant Willis Group Holdings and smaller Texas insurance broker Bowen, Miclette & Britt of aiding Stanford's alleged fraud by vouching for his investments. [read post]
5 Jul 2009, 8:40 am
• Lloyds Banking Group, Britain's largest mortgage lender, just eliminated 2,100 jobs. [read post]
5 Jul 2009, 5:54 am
LHC Group, 12 No. 1 Andrews Nursing Home Litig. [read post]
