Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition

Items Tagged with 'SEC'


Morgan Stanley offers $275M to absolve bad mortgage bonds

SEC yet to agree, MS won't admit wrongdoing
February 26, 2014
Morgan Stanley is finalizing a $275 million agreement with the U.S. Securities and Exchange Commission to settle the SEC probe into the bank’s subprime mortgage bond trades going back to 2007.
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SEC tells two Wall Street bond traders this isn't Monopoly

Accused of Free Parking
February 4, 2014
Two Wall Street traders are charged with involvement in a “parking” scheme that arranged for one to purchase several securities with the understanding that the other would repurchase them at a profit in order to skirt around company rules.
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3 dangers housing finance faces in 2014

Ambiguous, complex, and inconsistent enforcment ahead
January 23, 2014
When a law's effect is determined by how it is enforced, and when there's a new model of regulation by people who don't understand what they're regulating — that's not a good place to be.
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Your student loan is tanking the mortgage market

Rising education debt spells doom for housing
January 21, 2014
Taking out a loan to finance an education is the new American dream. With more citizens needing higher education to get a job, and the price tag on that education going up, the market is now desperately out of whack. The outcome? Mortgages in the U.S. are taking a backseat to student loans.
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JP Morgan earnings summary: only the lawyers win

Bank still dishing out the dollars
January 14, 2014
Looking at JPMorgan’s fourth-quarter and year-end financial statement, it’s clear JPM – among other banks – is still dishing out the dollars to get these issues behind them. But who is the true beneficiary of the settlements and litigation? Homeowners? Future borrowers? Nope. Guess again.
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Investors in PennyMac gain larger stake

Two hedge funds report beneficial ownership to the SEC
January 14, 2014
A group of investors acquired enough of a stake in PennyMac Financial Services to prompt a series of new filings with the Securities and Exchange Commission.
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Merrill Lynch settles mortgage investment issues with SEC for $131M

December 13, 2013
The Securities and Exchange Commission charged Merrill Lynch – now under the umbrella of Bank of America – for providing faulty disclosures in relation to collateral backing two collateralized debt obligations.
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Proposed rule lures small investors into big real estate deals

November 12, 2013
The end goal of the proposed rule is to create an outlet for unaccredited investors to pool their money, investing in real estate projects such as apartment buildings or retail centers, according to Jilliene Helman, founder and CEO of Realty Mogul, a crowdfunding platform for real estate investors.
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TD Bank to pay $52.5 million following SEC charges

Ponzi scheme puts former executive in prison for 50 years
September 23, 2013
Canadian-based Toronto-Dominion Bank, along with a former executive, was charged on Monday with violating securities laws linked to a massive South Florida ponzi scheme.
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Standard Financial Corp. delists from the Nasdaq

September 6, 2013
Financial services firm Standard Financial Corp. is voluntarily delisting its common stock from the Nasdaq after deciding the cost of staying on the exchange currently outweighs the benefits.
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