American International Group, the insurer that needed a $182.3 billion bailout from the U.S. government in 2008 after failed mortgage investments, is betting this time it's different.
Published News » Subprime Mortgage
AIG ventures back into subprime mortgages
Posted by mortgage 3 days ago (Editorial)
Judge dismisses parts of IndyMac fraud case
Posted by mortgage 6 hours ago (Editorial)
The ruling narrows the case against former IndyMac Bancorp Chief Executive Michael W. Perry, who is battling fraud allegations connected to the thrift's failure in 2008. In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgag
H&R Block hires one-time subprime mortgage executive as its chief financial officer
Posted by mortgage 6 hours ago (Editorial)
H&R Block Inc. has chosen a former executive in General Electric?s subprime mortgage operation to be the tax preparer?s chief financial officer.
Finra Fines Citigroup $3.5 Million For Inaccurate RMBS Data
Posted by mortgage 1 day 6 hours ago (Editorial)
The Financial Industry Regulatory Authority has fined Citigroup Inc.'s (C) Global Markets group $3.5 million for allegedly posting inaccurate data about deals it was making on mortgage-backed securities during the subprime mortgage and housing market crisis.
FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime ...
Posted by mortgage 1 day 6 hours ago (Editorial)
The Financial Industry Regulatory Authority announced today that it has fined Citigroup Global Markets, Inc. $3.5 million for providing inaccurate mortgage performance info
FDIC sues big banks over subprime mortgage losses
Posted by mortgage 1 day 6 hours ago (Editorial)
United States deposit insurer FDIC has sued Deutsche Bank and other big financial groups, seeking damages for mortgage losses. The lawsuit is one more attempt to clean up the subprime mortgage scandal.
React & Act: What is second-mortgage debt?
Posted by mortgage 6 hours ago (Editorial)
To understand Rick Jurgens? article on the second-mortgage debt and one Texas firm?s aggressive collection methods, you must first look at the origins of the mortgage crisis. Here, we provide an explainer, a glossary of terms, a guide to available resources and a recommended reading list. Explainer: The mortgage crisis Five years after the housing bubble burst in 2007, the mortgage crisis ...
SEC Trials Increase 50 Percent as Execs Fight Lawsuits
Posted by mortgage 1 day 6 hours ago (Editorial)
The U.S. Securities and ExchangeCommission, long known for settling enforcement actions withouthaving to prove its case in court, is struggling to cope with aa surge in the number of executives and companies ...
Sort News
Saved Stories
Mortgage How to Get is an informational resource about mortgage news and information.