Tag: securitization

By May 28, 2013 0 Comments Read More →

Oops…They Did It Again! Sheila Bair and Barney Frank Warn About A Return To Pre-Crisis Securitization Practices

Outspoken former FDIC Chair Sheila Bair and former Representative Barney Frank warned in an article on CNN’s Money Blog that the mortgage securities market is back to its old tricks. As Bair and Frank explain, one factor that led to the housing market meltdown was the lack of “skin in the game” by banks packaging […]

Posted in: News and Events
By March 15, 2013 0 Comments Read More →

Ratings Agencies Refusing to Hand Out AAA Ratings Like Candy?

Ratings agencies, like Fitch, Moody’s and Standard & Poors, have come under fire for giving everything but my grandmother’s socks AAA bond ratings during the housing boom. During the bubble, banks could hand over a pile of cash and the ratings agency would hand over the highest rating, the quality of the underlying loans be […]

Posted in: News and Events
Oliver v. Delta Financial: Pro-Se Attorney-Homeowner Gives Self Bad Legal Advice and Loses in Court
By October 30, 2012 0 Comments Read More →

Oliver v. Delta Financial: Pro-Se Attorney-Homeowner Gives Self Bad Legal Advice and Loses in Court

If advice is worth only what you pay for it, then Donald Oliver paid a fair price. Oliver, a practicing Oregon lawyer since 1982, filed a pro se complaint in Deschutes County Circuit Court last April asking the court to quiet title to his home. In laymen’s terms, Oliver was asking the court to turn […]

Posted in: Cases