Search for: "First Guaranty Bank"
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5 Nov 2017, 6:02 am
And the decision to sell such bad debt is the banks’ decision likewise. [read post]
23 Mar 2011, 5:51 pm
I haven't figured out the extent of this exposure, as not all PMI is reinsured, and not all reinsurance is first-loss position, but there is definitely some bank group skin on the line with PMI. [read post]
30 Sep 2013, 1:52 am
In his conclusion, the Magistrate Judge summarized the case this way: First Interstate Bank deliberately exercised what it believed were its loan and guaranty contract rights to seize money from Mr. [read post]
10 Sep 2008, 3:14 am
This "cross-guaranty" provision presents some problems for the use of a "bad bank" structure (or otherwise trying to shift bad assets among the banks of a multi-bank holding company). [read post]
6 Jun 2007, 6:02 pm
Morgan Chase & Co. and Morgan Guaranty Trust Company of New York in Southwire Co. v. [read post]
8 Apr 2013, 7:54 am
Reaffirming the notion that a policy of title insurance is merely an indemnification policy and not a guaranty of perfect title, the justices ruled that First American’s duty was only to cover the aspects of Mrs. [read post]
17 Sep 2009, 2:34 pm
First, it added "undue influence" as a basis for proving financial abuse. [read post]
2 Jan 2019, 2:55 pm
Frost Nat'l Bank v. [read post]
13 Apr 2015, 8:51 am
Category: Recent Decisions;Foreclosure Opinions Body: AC36419 - Customers Bank v. [read post]
3 Jun 2015, 8:27 am
”The post Man Admits Using False Documents and Inflated Appraisals to Obtain $1M in Loans appeared first on Mortgage Fraud Blog. [read post]
10 May 2019, 11:37 am
The bank sued him on the guaranty agreement when the foreclosure and sale of the real estate that secured the promissory note did not generate proceeds sufficient to pay off the loan balance. [read post]
14 Oct 2009, 6:31 am
The first of is Judge Alfred Wolin's District Court decision from New Jersey. [read post]
10 Jun 2008, 3:00 am
To forestall that risk, the first customers a community bank typically offers the deposit scanners to are those that have had long-term relationships with the bank. [read post]
2 Aug 2011, 11:15 am
If a bank makes a conventional loan its risk is 100%; however with an SBA loan guaranty that risk can be reduced to 25%. 3. [read post]
2 Oct 2009, 1:50 pm
And the FDIC is free to disregard nearly all pre-Appointment Date agreements modifying a loan or guaranty that don't comply with Section 13(e)'s requirements. [read post]
11 Mar 2009, 2:22 am
A March 7, 2009 Washington Post article entitled "Every Bank Failure is Also a Beginning" (here) states that the increase in bank closures is "a sign of the nation’s economic distress," but it is also a "first step toward revival. [read post]
24 Apr 2008, 3:18 pm
The funds owned municipal bonds guaranteed by Financial Guaranty Insurance Co. [read post]
29 Jan 2015, 12:09 pm
Johnson diverted income checks from Landchoice into a bank account that had been opened for Guaranty Land Title Company and which her employer didn’t know existed. [read post]
1 Apr 2009, 7:11 am
Moreover, it may not be true that the people getting these bonuses are the same people who wrecked AIG in the first place. [read post]
4 Sep 2009, 8:00 am
When Guaranty Bank in Texas was sold, the FDIC, for the first time in history, sold the assets to a foreign bank. [read post]