Problems in Mortgage Packaging: Hearing Before the Subcommittee on General Oversight and Investigations of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-ninth Congress, First Session, April 16, 1985U.S. Government Printing Office, 1985 - 178 pàgines |
Altres edicions - Mostra-ho tot
Frases i termes més freqüents
$95 million appraisals attorney backed securities Bank of America bank's BARNARD basis alleges borrower Boston Boston Corp California CARROLL HUBBARD Cause of Action Certificateholders Chairman HUBBARD collateral Congressman Corporation default Defendants documentation DREIER escrow agent Fannie Mae Fargo Bank Fargo is informed Federal Home Loan Federal Savings financial institutions FINK FNMA fraud fraudulent Freddie Mac funds gage Glacier GONZALEZ Home Loan Bank informed and believes investment Investor Institutions involved issued ISSUER lender liquidity Loan Association Lord Bissell loss Mae's mort mortgage insurance companies mortgage loans mortgage packaging mortgage pools mortgage-backed securities National Mortgage Equity NMEC Office originator OVERSIGHT AND INVESTIGATIONS Pacific American PARRIS participation PATRIARCA pooled mortgages private mortgage insurance problems purchase rating agencies regulations requirements risk Riverhead Savings and Loan secondary market secondary mortgage market servicing statement STEVE BARTLETT subcommittee Thank thrift institutions tion Tom Long transactions trustee Umpqua
Passatges populars
Pàgina 131 - ... by means of a prospectus or oral communication, which includes an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements, in the light of the circumstances under which they were made, not misleading (the purchaser not knowing of such untruth or omission...
Pàgina 139 - I believe it to be true. I declare under penalty of perjury that the foregoing is true and correct. Executed on at , California.
Pàgina 69 - Part with respect to certain creditors is assigned to the Comptroller of the Currency, Board of Governors of the Federal Reserve System...
Pàgina 83 - ... guarantees can affect the appearance of an asset sale, it is important that it not provide a mechanism for a party to the transaction to conceal risks that have not been underwritten, when a transaction is complex, it can become a breeding ground for fraud and misrepresentation. In the last several years, the members of MICA have had to suffer the consequences from more incidents of mortgage lending fraud than at any previous time. Lessons have been learned by mortgage insurers and measures can...
Pàgina 2 - OF THE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS, Washington. DC The subcommittee met at 10:10 am in room 2128 of the Rayburn House Office Building, Hon.
Pàgina 11 - ... threat to the interest of the bank's depositors or threaten to impair public confidence in the bank. The written request must be sent by certified mail to, or served personally with a signed receipt on, the District Administrator in the OCC district in which the bank in question is located, or to the Deputy Comptroller for Multinational Banking, Office of the Comptroller of the Currency, Washington, DC 20219, if the bank is supervised by the Multinational Banking Department. The request must...
Pàgina 131 - Certificates by the use of means or instrumentalities of transportation or communication in interstate commerce or of the mails...
Pàgina 120 - Able is informed and believes and on that basis alleges that at all times mentioned herein...
Pàgina 2 - To assist the House Committee on Banking, Finance and Urban Affairs in appraising the administration of the laws and regulations under the jurisdiction of the committee and present such recommendations as deemed necessary to the appropriate subcommittee(s).
Pàgina 20 - That is, the examination process can help prevent problem situations from remaining uncorrected and deteriorating to the point where costly financial assistance by the FDIC, or even a payoff of depositors, becomes unavoidable.