securitizing

Top Citigroup executives sought to assure investors and the public Monday that the firm's foreclosure process and its handling of key documents in securitizing home mortgages is "sound," despite growing concerns over how lenders may have skirted the law when bundling home mortgages, selling them and kicking delinquent borrowers out of their home.

Citigroup Says It Didn't Use 'Robo-Signers,' Still Faces Increased Risk Due to Sour Mortgages The Huffington Post News Team 2010

Top Citigroup executives sought to assure investors and the public Monday that the firm's foreclosure process and its handling of key documents in securitizing home mortgages is "sound," despite growing concerns over how lenders may have skirted the law when bundling home mortgages, selling them and kicking delinquent borrowers out of their home.

Citigroup Says It Didn't Use 'Robo-Signers,' Still Faces Increased Risk Due to Sour Mortgages The Huffington Post News Team 2010

Top Citigroup executives sought to assure investors and the public Monday by proclaiming that the firm's foreclosure process and its handling of key documents in securitizing home mortgages was "sound," despite growing concerns over how lenders like Citi may have skirted the law when bundling home mortgages and selling them, and again when kicking delinquent borrowers out of their home.

Citigroup Says It Didn't Use 'Robo-Signers,' Still Faces Increased Risk Due to Sour Mortgages Shahien Nasiripour 2010

Top Citigroup executives sought to assure investors and the public Monday by proclaiming that the firm's foreclosure process and its handling of key documents in securitizing home mortgages was "sound," despite growing concerns over how lenders like Citi may have skirted the law when bundling home mortgages and selling them, and again when kicking delinquent borrowers out of their home.

Citigroup Says It Didn't Use 'Robo-Signers,' Still Faces Increased Risk Due to Sour Mortgages Shahien Nasiripour 2010

Top Citigroup executives sought to assure investors and the public Monday by proclaiming that the firm's foreclosure process and its handling of key documents in securitizing home mortgages was "sound," despite growing concerns over how lenders like Citi may have skirted the law when bundling home mortgages and selling them, and again when kicking delinquent borrowers out of their home.

Citigroup Says It Didn't Use 'Robo-Signers,' Still Faces Increased Risk Due to Sour Mortgages Shahien Nasiripour 2010

The deputy chief added that the Bank of Japan would be "willing to actively cooperate" if market participants consider strategies, such as securitizing loans and investments, that would contribute to strengthening the foundations of economic growth.

BOJ Official Voices Caution on Yen 2010

The deal included temporary tax increases that lasted until mid-2011, but also included several ballot initiatives for a May 19, 2009 special election that would extend these taxes and take money from other voter-approved funding streams, including funds for early childhood programs First 5 and for mental health services, along with "securitizing" the state lottery.

When California Rejected A Bad Tax Deal 2010

But if you hadn't swallowed the corporate created, Fox News spewed hook, you would recognize that Fannie and Freddie were bit players in the catastrophe that occurred, and that the vast majority of sub-prime mortgages were written by private insurers, and that the real cause of the collapse was the irresponsible "securitizing" of these mortgages by banks and the exponential increase in risk when companies like AIG issued insurance on these bundles of mortgages.

Robert Kuttner: Listening to Paul Volcker 2009

The suit targeted the investment banks that fed off the mortgage market by buying subprime mortgages from lenders and then "securitizing" them and selling them to investors.

Let the Lawsuits Begin: Banks Brace for a Storm of Litigation 2008

Catherine Austin Fitts -- former Assistant Secretary of Housing/Federal Housing Commissioner at the United States Department of Housing and Urban Development -- has been saying that we should invest in local economies, and that "securitizing" our local group of businesses is the best way to invest.

The Bush Dollar Trap 2008