Search for: "Residential Funding Securities Corporation" Results 21 - 40 of 448
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10 Mar 2017, 3:50 pm by Richard Burt
Black (Feb. 16, 2017), the court of appeal held that a single promissory note, negotiated one-on-one, to fund an investment in real property was not a security under the California Corporate Securities Law even though the note offered a share of profits to the lender as an alternative to fixed interest. [read post]
20 May 2015, 9:23 am by Raymond Wee Hock Tan
The Government expects to increase this to $1 million for new applications within two years as the market responds;At least $1.5 million in an eligible managed fund(s) or Listed Investment Companies (LICs) that invest in emerging companies listed on the Australian Securities Exchange (ASX); andThe balancing component:A ‘balancing investment’ of up to $3 million in managed fund(s) or LICs that invest in a combination of… [read post]
30 Dec 2014, 12:03 pm by John Jascob
[This story previously appeared in Securities Regulation Daily.]By Lene Powell, J.D.In an action by a group of pension funds against the Bank of New York Mellon over the poor performance of residential mortgage-backed securities (RMBS) following the 2008 financial crisis, the Second Circuit held that the pension funds lacked standing to assert claims related to RMBS trusts in which they did not invest, because different concerns were implicated for the… [read post]
20 Jun 2008, 7:33 pm
The Fund, whose objective was to provide current income with preservation of capital and low principal fluctuation, invested 83.25% of its assets in commercial and residential fixed and variable rate mortgage backed securities, including collateralized mortgage obligations. [read post]
30 Jul 2018, 3:15 pm by Thomas Caruso
On July 23, Fitch published a criteria report outlining Fitch’s methodology for rating U.S. residential mortgage-backed securities (“RMBS“). [read post]
12 Apr 2022, 6:05 am by Sophia Yan
The post How Strengthening the Corporate Transparency Act Can Help the IRS Follow the Money appeared first on Just Security. [read post]
10 May 2010, 8:00 am by Lucas A. Ferrara, Esq.
New York Pension Funds Settle Countrywide Financial Corporation Litigation For $624 Million Last week, the New York State Common Retirement Fund and the five New York City public pension funds announced a proposed settlement of the Countrywide Financial Corporation Securities Class Action for $624 million. [read post]
13 Apr 2011, 10:03 pm by admin
  Loan receipts are also considered trust funds if they are borrowed by a contractor, subcontractor or owner for the purpose of improving specific real property and the loan is secured by a lien on the property. [read post]
29 Apr 2020, 1:19 pm by Silver Law Group
ABSA is a pooled investment hedge fund, sold by Alliance Bernstein, whose “. . . portfolio is concentrated in mortgage-related securities, it also invests in asset-backed securities, consumer whole loans, and collateralized loan obligations, providing exposure to underlying collateral across residential and commercial mortgages, consumer and auto loans, as well as corporate loans. [read post]
7 Apr 2010, 3:27 pm by Page Perry LLC
In 2006 and 2007, Goldman Sachs Group sold over $40 billion in residential mortgage backed securities (RMBS) backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would cause those securities to plummet in value. [read post]
12 Feb 2015, 10:33 am by Mack Sperling
  The alleged misrepresentations were that the Pacific Fund owned various properties in high-end residential communities on the South Carolina coast. [read post]
26 Feb 2010, 1:58 am by Kevin LaCroix
At the beginning of the class period in January 2007, the majority of MoneyGram’s $5.85 billion portfolio was held in asset-backed securities, mortgage-backed securities and collateralized debt obligations, backed in part by residential mortgages. ? [read post]
21 Apr 2008, 9:05 pm
With respect to the closed end fund notes, the securities are backed by real assets held in the funds, which would seem to suggest that the instruments retain substantial economic value. [read post]
11 May 2012, 3:09 pm
Harborview Mortgage Loan Trust 2006-4 (PDF) More Blog Posts: Morgan Stanley Sued by MetLife for Securities Fraud Over $757 Million in Residential Mortgage-Backed Securities, Institutional Investor Securities Blog, April 28, 2012 H & R Block Subsidiary Option One Mortgage Corporation to Pay $28.2M to Residential Mortgage-Backed Securities Investors, Institutional Investor Securities Blog, April 25, 2012 FDIC Objects to… [read post]
3 Oct 2023, 12:46 pm by Matthew Dochnal
Rapidly growing startup companies often receive funding directly from private investors, like Venture Capital firms, Private Equity funds, or individual Angel Investors. [read post]
26 Apr 2012, 2:03 pm by BuckleySandler
Securities and Exchange Commission announced that it filed and simultaneously settled a suit alleging that an H&R Block subsidiary engaged in the fraudulent sale of subprime residential mortgage-backed securities (RMBS). [read post]
8 Sep 2011, 2:40 pm by Larry Ribstein
This explains why the CDS market remained generally stable throughout the financial crisis and securitizations that transferred the credit risk of assets other than subprime residential mortgage-backed securities (RMBS), such as collateralized loan obligations and commercial mortgage-backed securities, performed relatively well and were not a source of systemic risk. [read post]
14 Aug 2023, 8:45 am by Matthew Brust
Congress passed this as an attempt to better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity. [read post]
14 Aug 2023, 8:45 am by Matthew Brust
Congress passed this as an attempt to better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity. [read post]