Guy Cecala

Shahien Nasiripour

Pandering To Clients, Firm Distances Itself From Wall Street Whistleblower's Testimony

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Keith Johnson, The Financial Fix, Financial Crisis Inquiry Commission, Mortgage Crisis, Bank of America, Fcic, Fitch Ratings, Securitization, Deutsche Bank, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Freddie Mac, Wall Street, Subprime Mortgage Crisis, Clayton-Holdings, Guy Cecala, Business News, Financial Crisis, Global Financial Crisis, Phil Angelides, Clayton Holdings, Citigroup, Video, Business News

When the former president and chief operating officer of Wall Street's foremost mortgage-loan due diligence firm testified under oath before a federal...

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Shahien Nasiripour

New Proof Wall Street Knew Its Mortgage Securities Were Bad

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: The Financial Fix, Financial Crisis Inquiry Commission, Bank of America, Mortgage Crisis, Fcic, Deutsche Bank, Securitization, JPMorgan Chase, Goldman Sachs, Freddie Mac, Morgan Stanley, Wall Street, Subprime Mortgage Crisis, Guy Cecala, Financial Crisis, Global Financial Crisis, Clayton Holdings, Phil Angelides, Citigroup, Business News

During a little-noticed hearing this week in Sacramento, Calif., a firm hired by Wall Street to analyze mortgages given to borrowers with poor credit,...

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Shahien Nasiripour

Citi 'Negative' On Subprime Mortgages As Early As 2006, Yet Firm Continued To Pump Out Subprime Mortgage Products (VIDEO)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Congress, Subprime Lending, Financial Crisis Inquiry Commission, Financial Reform, Cfpa, Chuck Prince, Securitization, Investing, Subprime Mortgages, Securities, Charles Prince, Guy Cecala, Citibank, Financial Crisis, Sec, Phil Angelides, Wall Street, Citigroup, The Financial Fix, Business News

A top Citigroup official testified Wednesday that the firm was reducing its risk to subprime mortgage products as early as 2006, fully expecting housi...

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Shahien Nasiripour

Mortgage Bankers Post Huge Profits... Again

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Junk Fees, Mortgages, Mortgage Bankers Association, Profits, Guy Cecala, Inside Mortgage Finance, Home Buying, Financial Crisis, Refinancing, Home Ownership, Home Mortgage, Business News

Independent mortgage lenders may have hit their high point of the year as they booked an average profit of nearly $1,400 on each loan originated durin...

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Shahien Nasiripour

Mortgage Lenders Making Record Profits, Consumers Suffer

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Mortgage Brokers, Mortgage Lenders, Mortgage Crisis, Lending Crisis, Mortgages, Mortgage Bankers Association, Consumers Union, Bailout Bandits, Bailout, Guy Cecala, Inside Mortgage Finance, Financial Crisis, Banks, Consumers, Business News

Never ones to let an opportunity go unexploited, mortgage lenders are taking advantage of a market fueled by low interest rates and massive government...

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