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12 May 2010, 7:00 am
Bisenius and his group were responsible for analyzing and reporting on portfolio and industry statistics, identifying credit risk exposures, and recommending corrective actions. [read post]
11 May 2010, 8:02 am
The Saad Group is at the centre of fraud allegations. [read post]
10 May 2010, 11:30 pm
Allegations of fraud also increase with economic stringency – as indeed does fraud – as trading conditions worsen and liquidity deteriorates.13 Sellers misrepresent their products, straightened borrowers conceal their circumstances to obtain finance, traders lacking liquidity charge their assets (often receivables) to different lenders to obtain funds. [read post]
10 May 2010, 11:08 am
Still, if we let armed bank robbers out of prison after twenty years, shouldn’t we let affordable-housing owners go market after a similar interval? [read post]
10 May 2010, 9:19 am
The following two paragraphs were excerpted from the Public Citizen’s Health Resource Group Website: In 1989, Public Citizen’s Health Research Group began requesting information on all disciplinary actions that state medical boards and federal agencies (the U.S. [read post]
7 May 2010, 8:00 am
Activity on all of our listings continues to be excellent as all three of the demand "food groups" are in full swing. [read post]
5 May 2010, 7:50 pm
The groups typically have higher hurdles to clear because of the perception of the industry that it’s only around for a quick buck. [read post]
5 May 2010, 10:44 am
I've been guilty of talking up the benefits of this option myself.A quick definition: Short sales are when the seller of a home that has dropped in value to less than what the seller owes on the mortgage finds a buyer willing to pay the current market value of the property, and they get the bank or lender's permission to accept the sale proceeds as a payoff of the mortgage. [read post]
4 May 2010, 1:43 pm
Farley, a mortgage broker, operated through the entities Creative Home Search, Southern Land Partners, Georgia Land Group, and Global Mortgage. [read post]
4 May 2010, 1:01 am
The government can say they want loans modified, and they can provide incentives to encourage lenders to modify loans, but that’s about the long and short of it. [read post]
3 May 2010, 11:50 pm
Because Fannie Mae could borrow at such low rates, it offered fixed rate mortgages with low down payments, making its profit from the difference between the interest rates homeowners paid and rates charged by foreign lenders. [read post]
3 May 2010, 12:20 pm
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
1 May 2010, 7:15 am
In that respect, these investors differ from the equity owners, traditional bank lenders and suppliers whose commitment usually arose before trouble occurred. [read post]
29 Apr 2010, 6:25 am
He is a member of the Shadow Open Market Committee, a group that critiques Fed policy. [read post]
28 Apr 2010, 10:58 pm
SBC was a Swiss retail bank plus a global investment bank. [read post]
28 Apr 2010, 11:00 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
27 Apr 2010, 4:44 am
CIT Group, the bank that exited bankruptcy in December, said Tuesday that it had a profit of $97 million for the first quarter, signaling that a major U.S. lender to small and midsize companies may be solidly on the road back to health. [read post]
26 Apr 2010, 10:27 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
23 Apr 2010, 9:00 am
During this cycle, Massey Knakal's Special Assets Group has completed over 1,100 valuations for lenders and special servicers, giving them valuations for the underlying collateral of their loans. [read post]
23 Apr 2010, 7:38 am
It turns out Quinn Emanuel, representing a Dutch bank, alleged almost a year ago that Merrill Lynch did something similar in creating an investment fund nicknamed Norma. [read post]
