Search for: "Secured Bankers Mortgage Company"
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26 Jun 2012, 3:08 pm
Kaplan has approved a $40 million class action settlement in the residential mortgage-backed securities lawsuit against three individuals who used to be affiliated with Lehman Brothers Holdings Inc. [read post]
6 Aug 2012, 10:52 am
The SEC failed to prove that Citigroup banker, Brian H. [read post]
6 Mar 2009, 8:17 am
It is a challenging year for mortgage bankers/brokers and anyone else connected to the real estate industry. [read post]
16 Jan 2008, 3:10 pm
Paulson's fund for betting that mortgage securities will take hit. [read post]
22 Jun 2009, 12:44 pm
Ufferfilge, a JPMorgan banker advising Access, for losing $98 million of the company's money betting on risky subprime mortgage securities. [read post]
16 Apr 2007, 3:24 am
Fannie Mae: Federal National Mortgage Association (FNMA); a federally-chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, Fannie Mae supplies funds that lenders may loan to potential homebuyers. [read post]
10 Oct 2010, 8:11 am
Tax fraud, tax evasion, securities fraud, a fraud on the courts, a Ponzi scheme of Herculean proportion, the unqualified failure of our government’s regulatory and enforcement agencies… the money long gone to bankers in the form of mega-bonuses… and a group of Wall Street bankers confident that Congress will simply white wash over everything (read: socialize the debt) and send the bill to the American people. [read post]
7 Jun 2008, 4:07 pm
What that says is that structured settlements are funded with annuities from what are perceived to be financially secure insurance companies. [read post]
22 Apr 2012, 11:47 am
The law also amends the Residential Mortgage Licensing Act to, among other things (i) update and add certain exemptions for mortgage banker and mortgage loan originator licensing requirements, and (ii) adjust the powers of the Department of Banking and Finance to administer the mortgage banker and loan originator licensing process. [read post]
4 Dec 2012, 1:01 pm
Litton, as a company, is no more. [read post]
29 Nov 2010, 8:56 pm
Gabriella Carnero complained that a banker duped her and her brother into getting a mortgage and refinancing it in 2001, 2003 and 2007. [read post]
11 Sep 2013, 4:00 pm
Last month, the City of Richmond sent letters to mortgage companies seeking to purchase 624 loans secured by underwater properties (homes with mortgages greater than their current market value). [read post]
6 May 2014, 9:17 pm
Upon buying mortgages from HTFC, the secondary market bank paid off the warehouse lenders and then either collected the principal and interest or bundled them into mortgage-backed securities that were sold to pension funds, hedge funds, and other investors seeking relatively secure, high-yield investments. [read post]
22 Sep 2011, 2:00 am
These changes would especially effect issuers of asset-backed securities (ABS) and companies in mortgage-related businesses. [read post]
30 Aug 2012, 2:43 pm
Citigroup in $590 million settlement of subprime lawsuit, The New York Times, August 29, 2012 Citi's $590 million settlement: Where it ranks, August 29, 2012 Citigroup to Pay $25 Million to Settle MBS Lawsuit, American Banker, August 31, 2012 Citigroup Said To Pay $75 Million To Settle SEC Subprime Case, Bloomberg, July 29, 2010 More Blog Posts: Amerigroup Shareholders Claim Goldman Sachs Advisers’ Had Conflicts of Interest That Influenced $4.5B Sale of Company… [read post]
2 Oct 2014, 3:44 pm
The ICA generally applies to every public or private company which invests over 40% of its assets in securities of one or more other companies, except securities of its own wholly owned subsidiaries. [read post]
10 Mar 2011, 7:33 pm
Sure, there will always be someone available to make a loan secured by a house, perhaps the Guido ("Bananna Lips") Spignoli Mortgage Company or the King Faisal bin Abdul-Aziz Al Saud Memorial Sovereign Wealth Mortgage Fund for Boys, but I think that making it increasingly more cumbersome and expensive to make, service, and/or invest in mortgage loans will accelerate the trend I've previously noted: the concentration of the mortgage… [read post]
9 Jul 2007, 11:22 am
If no one buys the loan (and property) at auction, it goes back either to the company that originally made the loan, or to the "servicer" that had been collecting payments for the loan, explained Laura Pephens, a board member of the California Mortgage Bankers Association. [read post]
27 Dec 2011, 12:35 pm
Bankers have been accused of selling mortgage loans to investors they knew to be bad. [read post]
14 Jul 2008, 8:28 am
Or a mortgage guy? [read post]
