According to the indictment, the four defendants operated a series of telemarketing “boiler rooms” that pitched loan modification services to distressed homeowners in the wake of the financial collapse in 2008. The defendants. Link: Securitization Audit News SIGTARP Busts Bogus California Loan...
Posts Tagged With 'the-financial'
Securitization Audit News The Network: Business at Berkeley Law …
HAMP was created by the Obama administration to “encourage banks to modify loans for struggling homeowners after the financial crisis.” The settlement funds will be divided into restitution, forfeiture, and prevention. Read more: Securitization Audit News The Network: Business at Berkeley Law...
Securitization Audit News Tougher Capital Rules for 8 Banks …
Since the financial crisis, regulators have been contemplating several proactive measures to ensure that major U.S. banks strengthen their capital and liquidity levels to withstand another financial downturn. Read the rest here: Securitization Audit News Tougher Capital Rules for 8 Banks...
Mortgage originator News: Careless origination, not affordable …
Warren maintained that reckless investment in unvetted mortgage-backed securities was the primary driver of the financial crisis of 2008. “The underlying cause of the crisis is fairly clear. …. Read the original post: Mortgage originator News: Careless origination, not affordable...
Can title be transferred or mortgage assigned to Fannie or Freddie …
After the financial crisis in 2007-2008, most of the loans were securitized through Fannie Mae (Fannie) and Freddie MAC (Freddie). See the original post: Can title be transferred or mortgage assigned to Fannie or Freddie...