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14 May 2018, 10:36 am by zamansky
The post Zamansky LLC Investigates the Premium Point Mortgage Credit Fund and the Premium Point New Issue Opportunity Fund appeared first on Zamansky LLC. [read post]
28 Jun 2021, 3:10 am by Peter Mahler
Managing Members Accused of Breaching Fiduciary Duty By Acquiring LLC’s Mortgage Loan We now turn to a case of alleged self-dealing of a different kind, also involving a single-asset realty holding LLC. [read post]
5 Jul 2022, 5:30 am
The children or grandchildren hold shares in the LLC's assets without management or voting rights. [read post]
26 Jul 2011, 5:22 pm by Tomassi Law Associates
Landmark is a total resource for residential mortgage services and considers a home an asset that needs to be managed properly as it is a key to ones overall financial strategy. [read post]
13 Oct 2022, 3:35 am by Cari Rincker
Other states have default rules requiring a majority vote to amend the articles or operating agreement, approve the sale of LLC assets, wind up the LLC, and admit new members. [read post]
30 Jul 2011, 2:31 am by Tomassi Law Associates
The firm is a subsidiary of Brookfield Asset Management Inc., a leading global asset manager with over $150 billion in assets under management as of June 30, 2011 and over 100 years of experience in the property, power and infrastructure industries. [read post]
28 Feb 2011, 8:34 am by Chad Bray
Author Michael Lewis and hedge fund manager Steven Eisman have been sued by a New Jersey asset manager for defamation over Lewis’s bestseller on the mortgage meltdown. [read post]
18 Mar 2014, 4:33 pm by D. Daxton White
The agreements stemmed from the companies trading in residential mortgage-backed securities (RMBS) and funds created through the Troubled Asset Relief Program (TARP). [read post]
19 Dec 2009, 10:14 am by Jeff Rogyom
  While you may consider the property to be separate from your personal assets, unless you proactively create that separation, an attorney will pursue your personal assets in addition to the value of the property itself… To make your LLC effective, it is usually advisable to have the LLC own the property, rather than just manage the property. [read post]
20 Mar 2019, 8:43 am by Anthony Bareno
LLCs are a way to insulate risky assets from safe assets, especially when the individual has personal risk. [read post]
13 Oct 2013, 9:15 am by Allison Tussey
Walter Ng, his son Kelly Ng, and Bruce Horwitz, three real estate fund managers, have been charged with fraud for secretly using the assets of a new real estate fund to rescue an older, rapidly collapsing fund. [read post]
4 Apr 2018, 11:40 am by IncNow
In other words, in a real estate deal, in addition to mortgage or other secured debt, there may be equity investors and managers who participate in distributions based on the performance of the LLC. [read post]
12 Apr 2011, 5:45 am by atussey@mortgagefraudblog.com
Kirkland Young LLC, and its manager, David Botton; Botton's sister, April Botton Krawiecki; their father, Samy Botton; and Attorney Aid LLC have agreed to a settlement with the Federal Trade Commission. [read post]
8 Jul 2009, 2:39 pm
Following a comprehensive two-month application evaluation and selection process, during which over 100 unique applications to participate in Legacy Securities PPIP were received,   Treasury has pre-qualified the following firms (in alphabetical order) to participate as fund managers in the initial round of the program: AllianceBernstein, LP and its sub-advisors Greenfield Partners, LLC and Rialto Capital Management, LLC; Angelo, Gordon & Co.,… [read post]
23 Apr 2020, 6:01 am by zamansky
The post Risk Recycling, the New Mortgage-Backed Securities (MBS) appeared first on Zamansky LLC. [read post]
8 Sep 2015, 7:07 pm by Ben Vernia
(RMS), REO Management Solutions LLC and RMS Asset Management Solutions LLC, violated the False Claims Act in connection with their participation in the Department of Housing and Urban Development’s (HUD’s) Home Equity Conversion Mortgages (HECM) program, which insures “reverse” mortgage loans. [read post]
31 Jul 2007, 7:25 am
Mortgage insurer MGIC Investment Corp is looking at a huge write-off of a $1.03   billion investment in Credit-Based Asset Servicing and Securitization LLC (C-BASS). [read post]
30 Jan 2010, 5:56 pm by Brett Alcala
The Alcala Law Firm was recently contacted by several California investors who invested in the IMH Secured Loan Fund, LLC, a private placement managed by Scottsdale based Investors Mortgage Holdings, Inc. [read post]
8 Jul 2009, 4:09 pm
 The PPIP fund managers announced today are: AllianceBernstein, LP and its sub-advisors Greenfield Partners, LLC and Rialto Capital Management, LLC; Angelo, Gordon & Co., L.P. and GE Capital Real Estate; BlackRock, Inc.; Invesco Ltd.; Marathon Asset Management, L.P.; Oaktree Capital Management, L.P.; RLJ Western Asset Management, LP.; The TCW Group, Inc.; and … [read post]