California Attorney General Kamala Harris objects to giving banks broad releases of liability for predatory lending. At the same time, she may be locked into her predecessor?s 2008 settlement with the largest lender in the state during the mortgage boom that does exactly that.
Published News » Mortgage Lender
California?s Solo Mortgage Probe Complicated by 2008 Deal
Posted by mortgage 10 minutes ago (Editorial)
Charter Oak is again top mortgage lender
Posted by mortgage 2 days ago (Editorial)
Charter Oak Federal Credit Union did the most mortgage lending of any institution in Eastern Connecticut for the second straight year, according to statistics compiled by Boston-based Warren Group.
California?s Solo Mortgage Probe May Be Hamstrung by 2008 Deal
Posted by mortgage 2 days ago (Editorial)
California Attorney General Kamala Harris objects to giving banks broad releases of liability for predatory lending. At the same time, she may be locked into her predecessor?s 2008 settlement with the largest lender in the state during the mortgage boom that does exactly that.
Goldman to face mortgage debt class-action lawsuit
Posted by mortgage 2 days ago (Editorial)
(Reuters) - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of misleading investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. U.S. District Judge Harold Baer in Manhattan certified a class-action lawsuit by investors in the GSAMP Trust 2006-S2, a $698 million offering of certificates .
California?s Solo Mortgage Probe May be Hamstrung by 2008 BofA Settlement
Posted by mortgage 2 days ago (Editorial)
California Attorney General Kamala Harris objects to giving banks broad releases of liability for predatory lending. At the same time, she may be locked into her predecessor?s 2008 settlement with the largest lender in the state during the mortgage boom that does exactly that.
BofA Wins Dismissal From Allstate Mortgage Losses Suit Against Countrywide
Posted by mortgage 2 days ago (Editorial)
Bank of America, as a corporate parent, isn?t responsible for the liabilities of Countrywide, the mortgage lender it acquired in 2008, U.S. District Judge Mariana Pfaelzer in Los Angeles said today.
Carlyle Pares Stake In Housing Development Finance Corp, Raises $273.4 Million
Posted by mortgage 3 days ago (Editorial)
The Carlyle Group Wednesday sold around a quarter of its stake in India's Housing Development Finance Corp. (500010.BY) for US$273.4 million, in its first sale of shares in the Indian mortgage lender the U.S. private equity firm bought into five years ago.
Danish Risk Rekindled as Yield Hunt Stokes Mortgage Bonds
Posted by mortgage 3 days ago (Editorial)
Investors are rediscovering yield in Denmark as mortgage bond issuance crowds out the government?s plan for an early surge in debt sales.
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