Barclays mortgage bond trader fired for allegedly providing inaccurate information to clients

JD has a medical issue that had to be addressed right away. The news below is current. Second Hour Guest. In the second hour, JD is joined by author and researcher, Stan Deyo, for a discussion about things on the scientific fringe, such as planetary alignments and their effect on the Earth, strange noises emanating from the sky and what might really be going on at Cern.

American Mortgage Consultants buys JCIII & Associates Monroe Capital LLC said Wednesday that it provided a $27.5 million loan to American Mortgage Consultants Inc to support its buy of JCIII & Associates. AMC, a portfolio company of Five Mile Capital.

Last month, Citigroup announced plans to exit the mortgage servicing business and sell off a billion portfolio to a non-bank servicer and transfer their remaining mortgage servicing rights (MSRs) to another non-bank servicer by early 2018. Thus continues the trend of non-bank mortgage servicers capturing more market share year over year than their bank competition.

Barclays mortgage bond trader fired for allegedly lying to clients Posted on May 23, 2015 | Leave a comment Barclays Capital ( BCS ) fired one of its mortgage bond traders after he allegedly lied to clients about residential mortgage-backed securities trades.

The SFO accused Barclays of “unlawful financial assistance” for making a $3 billion loan to an entity owned by the government of Qatar, which that entity allegedly used to purchase shares in Barclays and thus avoid a U.K. bailout of the bank.

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Barclays Capital fired one of its mortgage bond traders after he allegedly lied to clients about residential mortgage-backed securities trades. According to a report from Bloomberg (first reported by Asset-Backed Alert), Barclays terminated Yoon Seok Lee on Feb. 11 for "allegations involving certain inaccurate communications to customers during.

Barclays pays $2B to settle suit alleging mortgage securities fraud in U.S. in 2005 -07. misled investors about the quality of mortgage-backed securities during the. Ordered to Pay $97 Million for Overcharging Clients Video provided by. who served as Barclays head trader for subprime loan acquisitions,

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 · Barclays Rises as Cutbacks, Gain in Trading Ease Profit Drop (Bloomberg) The bank’s cost-income ratio fell to 65 percent from 69 percent, the lowest that measure has been in.

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