On Wednesday, the Five Star Institute presents its webinar focused on how the "human touch" in the forbearance process can promote customer loyalty for life.
Read More »Freddie Mac Names Jerry Mauricio SVP and Chief Compliance Officer
After serving in an interim CCO capacity since January, 20-plus year veteran takes over SVP role at GSE.
Read More »FHLBank San Francisco Names Tony Wong Chief Banking Officer
FHLBank San Francisco promotes Tony Wong for his commitment to expand access to affordable housing and promotion of homeownership opportunities.
Read More »Judge Denies Motion to Transfer in Lehman Indemnity Suit
A New York Bankruptcy Court recently denied the motion filed by mortgage sellers to transfer a case where they’re defending Lehman Brothers’ claims for third-party indemnity. Here’s why the now defunct bank is suing these companies.
Read More »10 Years Later, Where Are They Now?
This weekend marks "Lehman Brothers Weekend," the 10-year anniversary of the start of the Financial Crisis. See what those instrumental in handling the crisis learned, and how our current housing market compares to the pre-crisis market.
Read More »Bankruptcy Judge Backs Lehman Brothers in RMBS Suit
A New York bankruptcy judge has ruled that Lehman Brothers Holdings, Inc. will have to pay around $2.4 billion to investors in order to settle disputes over toxic residential mortgage-backed securities (RMBS) sold by the bank during the financial crisis. ...
Read More »Lehman Brothers Holdings Face Trustees Claims
Lehman Brothers Holdings Inc. defended against allegations last week from the residential mortgage-backed securities (RMBS) trustees—as the trustees questioned the bank on the value of the claims submitted during the financial crisis in 2008, according to pretrial briefs in an ...
Read More »JPMorgan’s Lehman Settlement Crosses the $1 Billion Threshold
Lehman originally accused JPMorgan Chase of improperly draining billions of dollars before the investment banking firm's infamous 2008 bankruptcy.
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