Search for: "Credit Investment & Loan Co. v. GUARANTY BANK & T. CO."
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2 Jan 2019, 2:55 pm
Co. v. [read post]
7 Aug 2008, 9:15 am
The bond insurers named in the Complaint are Ambac Financial Group Inc., MBIA Inc., XL Capital Assurance Ltd., ACA Financial Guaranty Corp., Financial Guaranty Insurance Co., and CIFG Assurance NA.According to the Complaint, a copy of which is available here, those bond insurers colluded with ratings agencies so that the ratings agencies would maintain two separate credit rating schemes: one for corporate issuers and one for public issuers. [read post]
2 Apr 2012, 6:15 am
When GE purchased WMC in 2004, all that WMC did was “whole loan sales,” meaning that it would loan out money for mortgages, and then sell the loans to Wall Street investment banks, who would package and securitize those loans. [read post]
30 Nov 2011, 2:15 pm
OCC proposes credit rating duties go to banks – A real conversation with a banker-friend of mine. [read post]
