Search for: "American Mortgage Corporation"
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13 Apr 2010, 6:39 am
There's a strong desire on the part of regulators, legislators, and maybe voters to hold individuals accountable for business failures - a desire that I often find to be at odds with limited liability and the corporate form, to say nothing of the policies of fresh starts in bankruptcy that are deeply rooted in American history. [read post]
18 Sep 2007, 8:20 pm
Credit rating agencies have begun to be scrutinized as the mortgage market struggles, but the scrutiny has been on corporate credit rating agencies that graded (and essentially blessed) securitized mortgage debt. [read post]
13 Sep 2011, 10:41 am
Investors who bought toxic mortgage-backed bonds from Bank of America’s Countrywide, and homeowners seeking loan modifications are proposing drastic measures to better enable BofA to deal with the onslaught of their litigation without a bankruptcy or a receivership imposed by the Federal Deposit Insurance Corporation. [read post]
8 Dec 2010, 5:50 pm
Filed under: corporate crime, insider trading [read post]
29 Apr 2021, 6:00 am
The post American Jobs Plan: Perfect Opportunity for Congress to Enact Corporate Ethics Laws appeared first on Whistleblower Network News. [read post]
5 Feb 2010, 4:34 am
.: How the Bailout Reshapes Corporate Theory and Practice at the American Association of Law Schools conference session on Business Associations in January. [read post]
1 Oct 2007, 10:36 am
The MBS market has three big players: Federal National Mortgage Association (Fannie Mae) is a 60 year-old corporation established by an act of Congress to foster more affordable housing for low income Americans. [read post]
18 Apr 2008, 7:47 am
A day after warning the Senate about a “tremendous surge” in the FBI's mortgage fraud investigations, Director Robert Mueller talked in more detailed terms about the growth in both corporate fraud and public corruption cases at the annual conference of the American Bar Association’s Section of Litigation in Washington, D.C. [read post]
16 Apr 2007, 3:24 am
Freddie Mac: Federal Home Loan Mortgage Corporation (FHLM); a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. [read post]
22 Dec 2011, 6:20 am
[JURIST] The US Department of Justice (DOJ) [official website] announced Wednesday that Bank of America (BOA) [corporate website] has agreed to pay a record $335 million [press release] to settle claims that its subsidiary, Countrywide Financial, discriminated against Hispanic and African-American home buyers. [read post]
7 Sep 2007, 5:09 am
HSBC Trinkaus & Burkhardt, the German bank controlled by HSBC, would consider buying IKB Deutsche Industriebank after a government-sponsored bailout following losses in the American subprime mortgage market. [read post]
3 Nov 2020, 7:00 am
Under the qui tam provisions of the False Claims Act, individuals can bring claims against corporations if they have insider evidence of fraud. [read post]
8 Feb 2021, 5:43 am
In Fairness and Flexibility: Understanding Corporate Bankruptcy’s Arc, out now in the University of Pennsylvania Journal of Business Law, I trace the long history of American business reorganization law, starting with antebellum mortgage foreclosures under state statute, up to the present Restructuring Support Agreements (RSAs). [read post]
20 Jan 2014, 9:23 am
The FTC obtained a court order shutting down the operation and freezing the defendants’ corporate and personal assets pending settlement of the case. [read post]
27 Jul 2011, 9:36 am
Taylor added, “We hope this innovative effort inspires other mortgage servicers to follow suit, because fixing the housing market is the best way to bring back jobs and revitalize the American economy. [read post]
22 Sep 2022, 10:06 am
Given the rise of inflation and the expanding economic struggles many Americans face, the FTC’s return to the mortgage relief business comes as no surprise, and we could continue to see more from the FTC in this area. [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]
26 Mar 2022, 4:48 am
The post US Tax on Foreign Property for American Expats in 2022 appeared first on Bright! [read post]
29 Oct 2014, 8:01 am
Mortgage Fraud Blog. [read post]
