Britain?s biggest mortgage lender yesterday increased its rates by up to 0.3 percentage points despite the Bank of England keeping the base rate at 0.5 per cent for the 38th month in a row.
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Halifax pushes up mortgage charges in new blow to homeowners as banks are accused of profiteering despite record low ...
Posted by mortgage 12 days ago (Editorial)
H&R Block unit to pay $28.2M to settle SEC charges related to RMBS
Posted by mortgage 28 days ago (Editorial)
The Securities and Exchange Commission charged H&R Block subsidiary Option One Mortgage Corporation with misleading investors in several offerings of subprime residential mortgage-backed securities by ...
H&R Block Subsidiary Agrees to Pay $28.2 Million to Settle SEC Charges Related to Subprime Mortgage Investments
Posted by mortgage 28 days ago (Editorial)
Washington, D.C., April 24, 2012 ? The Securities and Exchange Commission today charged H&R Block subsidiary Option One Mortgage Corporation with misleading investors in several offerings of subprime residential mortgage-backed securities (RMBS) by failing to disclose that its financial condition was significantly deteriorating.
Former H&R Block Subsidiary to Pay SEC $28.2M to Settle Subprime Mortgage Charges
Posted by mortgage 28 days ago (Editorial)
H&R Block's former mortgage subsidiary Option One has agreed to pay $28.2 million to settle charges from the Securities and Exchange Commission over its subprime mortgage investments.
Mortgage Fraud Charges Target Execs
Posted by mortgage 70 days ago (Editorial)
Executives at Thornburg Mortgage have been charged with fraud by the SEC.
SEC charges 3 former Thornburg executives with fraud
Posted by mortgage 70 days ago (Editorial)
In February 2008, as the mortgage meltdown was creating a crisis at Thornburg Mortgage, the chief executive of the big lender wrote an e-mail explaining how he hoped to keep the trouble under wraps, the Securities and Exchange Commission said. Read full article >>
SEC charges former Thornburg Mortgage execs with fraud
Posted by mortgage 70 days ago (Editorial)
WASHINGTON -- In February 2008, as the mortgage meltdown was creating a crisis at Santa Fe-based Thornburg Mortgage Inc., the chief executive of the big lender wrote an email explaining how he hoped to keep the trouble under wraps, the Securities and Exchange Commission says.
Goldman Sachs, Wells Fargo May Face SEC Charges Over Mortgage Bonds
Posted by mortgage 83 days ago (Editorial)
Goldman Sachs Group Inc. and Wells Fargo & Co. have been warned by federal regulators that they may face enforcement action related to their sales of mortgage-backed securities that played a major role in the 2008 financial crisis. Goldman Sachs and Wells Fargo said in regulatory filings on Tuesday that they received Wells notices from the U.S. Securities and Exchange Commission or SEC ...
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