1,143 more words
Mnuchin was and remains “the guy between the guys.” Billed as the organizer of OneWest his role was to provide a layer between the founders and the rest of the world.
Tags » Securitization
November 9, 2016 by Neil Garfield
915 more words
the parties are creating the illusion that they are essentially entering into an agreement to purchase paper from the seller where there is no original paperwork and no indication that the purchase ever actually took place.
I do not know what the law schools are teaching regarding real property law, but here is an atypical case where one alleged lender used a quiet title action to prove a mortgage loan existed on a piece of property and a Maine Superior Court Judge chimed in … loud and clear … “what the hell were you people thinking?” 865 more words
Still think the financial crisis happened at banks? Think the extensive regulation of banks that Congress and regulators have undertaken since 2008 has solved the problem? 317 more words
However, in the end the US would ultimately harm itself. Because if the Deutsche Bank goes down, it will cause a “domino effect”: it will be followed by the Credit Suisse, JP Morgan and the whole of the world financial system, he finally said. 769 more words