On Tuesday, Jed Rakoff, the U.S. District Judge in Manhattan, approved Bank of America Corporation's (BAC) $315 million settlement with investors related to the Public Employees' Retirement System of Mississippi ...
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BofA's $315M Settlement Approved
Posted by mortgage 12 days ago (Editorial)Ally turns $310M net profit for 1Q
Posted by mortgage 26 days ago (Editorial)
Detroit-based auto and mortgage lender Ally Financial Inc. said Thursday it swung to a $310 million net profit in the first quarter this year after a net loss of $206 million in the prior quarter and net income of $146 million in first quarter 2011.
Ally Financial reports first quarter profit of $310M
Posted by mortgage 27 days ago (Editorial)
Detroit— Auto and mortgage lender Ally Financial Inc. swung to a $310 million net profit in the first quarter of the 2012, compared to a net loss of $206 million in the prior quarter and net income of $146 million for the first quarter of 2011.
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 unit agrees to $28.2M SEC settlement
Posted by mortgage 28 days ago (Editorial)
The U.S. Securities and Exchange Commission said Monday that H&R Block Inc. subsidiary Option One Mortgage Corp. has agreed to pay $28.2 million to settle charges that it misled investors about subprime mortgage offerings.
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.
Israeli bank sues three U.S. financial giants for $720m
Posted by mortgage 38 days ago (Editorial)
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses in the U.S. subprime crisis, alleging that the U.S. institutions misled and defrauded it.
Veterans & Active Duty Military Now Get More Out of VA Home Loan Benefits with VA Mortgage Approvals as High as $1M ...
Posted by mortgage 61 days ago (Editorial)
Find Out How to Get More Out of Their VA Home Loan Benefits with Jumbo VA Loans, Pre-approved for Amounts as High as $1M Dollars, Texas, Florida, Colorado, Oklahoma, Alabama, California, Arkansas (PRWEB) March 22, 2012 North Carolina Did you know that Veterans and Active Duty members serving in the U.S. Armed Forces can now purchase a home as high as $1 million dollars by using Jumbo VA Home ...
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