Even worse, many of the mortgages were based on information the loan originator knew was fraudulent.
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Then, on New Year's Day, Blackstone Group 's deal to buy mortgage originator PHH was terminated.
In 1825, Thomas Henry Huxley, British naturalist and humanist and originator of the word agnostic, born.
The distinctive numeral typeface is named after its originator, legendary 18th-century French horologist Abraham-Louis Breguet .
The basic idea is that broadcast rights, like movie distribution rights, book copyrights, belong to the originator.
"Generally, those people have fallen prey to a pushy, overbearing loan originator who wanted to close a loan, " del Rio says.
Its ties to the government were severed in 2004, and it is now the largest originator of student loans.
Just the way that petition was phrased made me willing to walk a mile to hit the originator with a yardstick.
The loan originator has little incentive to vet borrowers carefully because it knows the risk will soon be off its books.
In fact, the pain could have been a lot worse for the largest originator of commercial mortgages for CMBS since 2005.
BofA has been struggling with a plethora of mortgage-related legal trouble ever since it purchased home loan originator, Countrywide, in 2008.
Along the way it provides inspiration to others and serves to advertise, for those in the know, the prowess of the originator.
The connection between bully and target is so seamless that hate speech can often spread more rapidly than its originator ever intended.
Lamar Smith of Texas was the originator of the law, which had been created as a pilot program by former President Bush.
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Who better to do the selling than the originator of the idea?
Often the originator of the business does not have the expertise to enter new countries quickly, so copycats can get there first.
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The originator of this theory is Geoffrey Miller, of University College London.
They were thrilled to death to be able to participate in the American dream, just like the salesman and mortgage originator told them.
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Or, as the concept-originator, Nicholas Nassim Taleb did, you could simply bet against what is predictable rather than for a speculative Black Swan.
Sears had once been a retailing goliath, the originator of home shopping with the famous Sears catalogue, and a pioneer in financing purchases.
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Fannie Mae told us so when they sued Countrywide, the mortgage originator and source of significant woe Bank of America bought in 2008.
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Mortgages and the securities that packaged them were rapidly souring, hitting the biggest originator in the mortgage business, Countrywide Financial, squarely in the gut.
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Russia and Iran propose new rules to measure Internet traffic along national borders and bill the originator of the traffic, as with international phone calls.
This allows the original holder of the asset, or originator, to sell assets that it previously could not, while also moving risk off its books.
Speaking from the field as a boots-on-the-ground loan originator, I have seen this plan reduce affordability for consumers and drive business toward FannieMae and FreddieMac.
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Withheld numbers cannot be blocked unless people "endure the marketing pitch in order to identify the originator - clearly something that is undesirable", Mr Cairns said.
The purpose is to get them to disclose their inventions and thus allow further invention, based on the original, by others as well as the originator.
No guesses for the originator of the aforementioned quote--it is, of course, a recent remark from HowardSchultzHoward Schultz, chairman and founder of the Seattle-based java goliath, Starbucks.
Precisely those qualities, and the integrity which engendered them, won Brahms the esteem of one of the most famous 20th-century progressives, Arnold Schoenberg, the originator of serialism.
JPMorgan was the top global debt originator in 2008 and 2009 with over 9% market share in both years, although its share fell below 9% in 2010.
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