National Law Journal
...1 billion to disentangle itself from a bankruptcy proceeding over its mortgage subsidiary Residential Capital LLC. The agreement, which still requires judicial approval, would resolve...
National Law Journal
...mortgage lenders ("Lenders"). In 2009, they formed Vanguard Properties, located in Midland, Texas. They presented themselves as real estate investors who purchased residential...
...151;in their zealous pursuit to bring criminal charges tied to the mortgage meltdown—gave the grand jury an improper definition of what constituted...
...He noted that "MERS was formed by a consortium of residential mortgage lenders and investors desiring to streamline the process of transferring ownership...
...McGraw-Hill Cos. Inc., in a suit that alleges the company inflated mortgage-bond ratings and misrepresented the true risks of certain securities. Up until...
...amp; Poor's promised "objective and independent" ratings for residential mortgage-backed securities and collateralized debt obligations. "But the evidence we...
...in 2007—ahead of other ratings agencies—on the residential mortgage-backed securities ("RMBS") which were included in these CDOs...
...with a down payment or closing costs or payment of an initial mortgage insurance premium on loans guaranteed by the Federal Housing Administration. ...
...ing]" the now-defunct New Century Mortgage Co. (N.C.) to originate excessively costly and risky residential mortgages targeted at African-American borrowers. Based...
...on the issue of whether mortgage loan applicants facing federal charges...concerning false statement on a residential loan application, "does not...
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