A settlement in a class-action lawsuit will cost Fairway Independent Mortgage Corp. more than $1 million. At issue are alleged undisclosed yield spread premiums and claims of mortgage fraud by a Missouri originator. The lead plaintiffs claim that Fairway, as a mortgage broker, had a fiduciary duty to provide them with the least expensive loan [...]
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YSPs At Issue in $1 Million Settlement
May 28th, 2011 
davidguide 
Posted in Business Loans 
Tags: class action lawsuit, Fairway, Independent, independent mortgage corp, Lead, Mortgage, mortgage fraud, settlement, spread premiums, yield, YSPs 
Comments OffTexas Banks are M&A Targets
February 25th, 2011 davidguide Dallas-based Comerica Inc. announced plans to acquire Houston-based Sterling Bancshares. In the news release, Comerica said, “The strategic acquisition accelerates Comerica’s growth in Texas and maintains Comerica’s capital strength.” A Mergermarket Group report said other Texas banks might be inclined to follow Sterling’s lead, citing lack of growth which increases pressure to sell. View full [...]
Posted in Business Loans Tags: Bancshares, capital strength, comerica, comerica inc, Inc., Lead, news, post, sterling bancshares, strength, texas banks Comments OffResearch and Markets: Men’s Grooming in Australia – Forecasts to 2014 – International Companies Increase Their Lead in Beauty and Personal Care
November 26th, 2010 davidguide DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/81dcae/mens_grooming_in) has announced the addition of the “Men’s Grooming in Australia” report to their offering. The Men’s Grooming Products in Australia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2005-2009, allowing you to identify the [...]
Posted in Corporation Tags: 2014, Australia, australia report, Beauty, Business, Care, Companies, comprehensive guide, DUBLIN-, Forecasts, Grooming, grooming products, growth forecasts, increase, International, Lead, market, Markets, Men, Men's, Personal, report, Research, retail sales data, Their Comments Off
