Posts Tagged ‘Allegations’

Ally CEO says may not support its mortgage unit – Reuters

{ Posted on Nov 04 2011 by www.reuters.com }
Ally CEO says may not support its mortgage unit Reuters In the call, Carpenter said Ally would prefer to reach a settlement with attorneys general and the Department of Justice over allegations of faulty foreclosure practices, but only in proportion ...Read More »

Police hunt for mortgage broker

{ Posted on Jun 30 2010 by Mortgage Strategy - News }
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A mortgage broker is the subject of a police manhunt after allegations of financial irregularities and a string of complaints, according to reports. Read More »

Singer Discusses Morgan Stanley’s Mortgage Derivatives: Video

{ Posted on May 12 2010 by Bloomberg }
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(Please visit the site to view this media)May 12 (Bloomberg) -- Bill Singer, partner at Stark & Stark, talks with Bloomberg's Erik Schatzker about allegations that Morgan Stanley misled investors about mortgage derivatives it sold them.¶ The firm is being ...Read More »

Morgan Stanley’s Gorman Denies Bank Misled CDO Buyers: Video

{ Posted on May 12 2010 by Bloomberg }
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(Please visit the site to view this media)May 12 (Bloomberg) -- Morgan Stanley Chief Executive Officer James Gorman denied allegations the U.S. bank misled investors about mortgage derivatives it sold them. Bloomberg's Erik Schatzker and Deirdre Bolton report. (Source: Bloomberg)...(read ...Read More »

Goldman’s Tourre `Categorically’ Denies SEC’s Claims: Video

{ Posted on Apr 27 2010 by Bloomberg }
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(Please visit the site to view this media)April 27 (Bloomberg) -- Fabrice Tourre, the Goldman Sachs Group Inc. executive director sued by the Securities and Exchange Commission for fraud, denies the SEC's allegations and says he will defend himself in ...Read More »