Search for: "US Financial Mortgage Corporation"
Results 21 - 40
of 2,139
Sorted by Relevance
|
Sort by Date
2 Oct 2008, 2:56 pm
We have not yet used our most potent weapon against the crisis: eminent domain. [read post]
21 Nov 2011, 1:15 pm
One of the nation’s largest privately held mortgage companies, Allied Home Mortgage Corporation (Allied), and two of its top executives, CEO Jim Hodge and Executive VP Jeanne Stell, are facing scrutiny for providing false loan certifications to the Department of Housing and Urban Development (HUD). [read post]
23 Feb 2012, 10:53 am
Lynch, US Attorney for the Eastern District of New York, announced that government claims against the Bank of America, Countrywide Financial Corporation and subsidiaries will be resolved with a settlement of $1 billion to be paid to the United States for mortgage origination and underwriting fraud. [read post]
21 Jan 2010, 10:39 am
The companies are: •First Tennessee Bank, Memphis, TN •Alethes, Lakeway, TX •Security Atlantic Mortgage Co., Edison, NJ •Pine State Mortgage Corporation, Atlanta, GA •Birmingham Bancorp Mortgage Corporation, West Bloomfield, MI •Alacrity Financial Services, Southlake, TX •Assurity Financial Services, Englewood, CO •D and R Mortgage Corporation, Farmington, MI •Webster Bank,… [read post]
30 Jan 2012, 9:52 am
First, the Commission would specify that in the case of a fraud involving a mortgage loan in which the collateral was disposed of at a foreclosure sale, courts should use the amount recovered from the foreclosure sale. [read post]
14 Oct 2010, 9:11 am
In a perturbing example of abuse, the U.S. government has paid collapsed mortgage giants Fannie Mae and Freddie Mac $240 million to help administer its disastrous program to bail out the nation’s financial institutions. [read post]
20 Nov 2013, 4:20 am
[corporate website; JURIST news archive] has been finalized, resolving federal and state claims arising from the bank's risky mortgage practices which helped lead to the 2008 financial crisis. [read post]
10 Nov 2023, 1:00 am
”Think TR could use a lending hand right about now? [read post]
24 Sep 2008, 10:03 am
[JURIST] The Federal Bureau of Investigation [official website] is currently investigating Fannie Mae, Freddie Mac, Lehman Brothers, and AIG [corporate websites] along with 22 other financial institutions for possible mortgage fraud [FBI backgrounder], US media outlets reported Tuesday. [read post]
27 Apr 2009, 12:42 am
Mortgage fraud is a priority for prosecution since the mortgage backed securities and related financial industry corporate fraud have shaken the world's confidence in the U.S. financial system. [read post]
24 Apr 2011, 11:48 am
[JURIST] A judge for the US District Court for the Central District of California [official website] on Friday dismissed [order, PDF] Bank of America (BOA) [corporate website] from a $17 billion lawsuit involving securities based on mortgages issued by Countrywide Financial Corporation [NYT backgrounder], a former subsidiary of the bank. [read post]
6 Jan 2012, 8:47 pm
Second, what do they tell us about the relative merits of the federal government and the states as sources of corporate governance regulation? [read post]
4 May 2021, 12:37 pm
The CFPB recently entered into a consent order with Nationwide Equities Corporation (Nationwide), which the CFPB refers to as a mortgage broker and mortgage lender that primarily provides jumbo reverse mortgage loans and Home Equity Conversion Mortgage Loans (HECMs). [read post]
21 Oct 2014, 12:27 pm
But as with most corporate enterprises, it outgrew its origin, reaching near-collapse after becoming heavily involved in the residential mortgage securitization business and subprime loans. [read post]
22 Apr 2013, 2:41 pm
The Working Group uses a variety of tools to identify and investigate RMBS offerings likely affected by fraud, such as analyzing private RMBS litigation throughout the country; utilizing risk-based analytics; and convening meetings among investigators, analysts, RMBS market experts, and corporate insiders. [read post]
16 Apr 2015, 2:55 pm
Thornburg Mortgage on May 1, 2009. [read post]
24 Oct 2012, 11:08 am
The US government is filing its mortgage fraud lawsuit under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 and the Federal False Claims Act, which prosecutors have been using to take banks to task over alleged mortgage-related wrongdoings. [read post]
11 Feb 2016, 12:44 pm
Morgan Stanley [corporate website] agreed Thursday to pay about $3.2 billion to settle charges [settlement agreement, PDF] that it misled investors in residential mortgage-backed securities. [read post]
19 Oct 2018, 1:57 pm
There's a big story in the NY Times about how the financial structures being used to finance many corporate loans—so-called Collateralized Loan Obligations or CLOs—look very similar to those used to finance mortgages during the housing bubble. [read post]
14 Mar 2012, 8:43 am
On Tuesday, March 13, 2012, the SEC announced that it had filed claims against the CEO, CFO and Chief Accounting Officer of Thornburg Mortgage Inc., which used to be one of the nation’s largest mortgage companies, alleging that the three executives hid "the company’s deteriorating financial condition at the onset of the financial crisis" in the company's Annual Report. [read post]
