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IndyMac Bank also issued secondary mortgages secured by such housing, and other forms of consumer credit. IndyMac Bancorp, a holding company headquartered in Pasadena, California, eventually acquired: Financial Freedom, an originator and servicer of reverse mortgage loans, on July 16, 2004;
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The SEC alleges they 'knew and approved of' misleading statements claiming the companies had minimal exposure to subprime loans at the height of home mortgage bubble." [ 82 ] Former Freddie chief financial officer Anthony "Buddy" Piszel, who in February 2011, was CFO of CoreLogic , "had received a notice from the SEC that the agency was ...
The Federal Home Loan Mortgage ... shares of both Fannie Mae and Freddie Mac had tumbled more than 90% from their one-year prior levels. ... CEO from 1999 to 2004 ...
In July 2010, Citigroup agreed to pay $75 million (~$102 million in 2023) to settle civil charges that it misled investors over potential losses from high-risk mortgages. The U.S. Securities and Exchange Commission said that Citigroup had made misleading statements about the company's exposure to subprime mortgages. In 2007, Citigroup indicated ...
Conrad Moffat Black, Baron Black of Crossharbour (born 25 August 1944), is a Canadian-British writer and former politician, newspaper publisher, and financier.. Black's father was businessman George Montegu Black II, who had significant holdings in Canadian manufacturing, retail and media businesses through part-ownership of the holding company Ravelston Corporation.