GreenPoint Mortgage Funding, Inc.

In late December, U.S. Bank, Syncora and GreenPoint Mortgage Funding, Inc. reached a settlement over a long-standing dispute relating to a 2006 GreenPoint transaction. As a result of the settlement, Syncora received approximately $335 million in January with an additional present value of $15 million ...

Yeend also served for the GreenPoint Mortgage unit of Capital One Finance, where he was senior vice president and director of national sales for correspondent lending. Additionally, he was a trading desk manager at the interest rate risk management firm Tuttle & Co., where he was an original partner.

He also held positions with Kidder Peabody and Link Securities (now Guggenheim Capital Markets). Yeend has also previously served as senior vice president, director of national sales for correspondent lending at Capital One Finance's GreenPoint Mortgage. Yeend was also an original partner and ...

The purchase was financed by a loan from Greenpoint Mortgage Funding, Inc., while Mortgage Electronic Registration was chosen as the loan's nominee, according to the 11th Circuit. Cooley alleged he received a loan from MERS, agreeing that the lender or MERS can force foreclosure if Cooley defaulted ...

James C. and Sherrolyn A. Welker, Greenpoint Mortgage Funding Inc. and JP Morgan Chase Bank; quiet title; dismissed by parties (Hendrickson presiding). The Bank of Missouri vs. Fine Line Distributors LLC, Jefferson City; breach of contract; dismissed by parties. Gregory S. and Carol Patricia Underdal, ...

A representative from Meridian Capital Group, which brokered the financing, declined to name the lender, but another source close to the transaction pointed to New York City-based Ladder Capital as the institution behind the interest-only debt. The loan appears to knock out a previous mortgage from GCP ...

Last week Capital One settled a GreenPoint lawsuit, totals rewards reserves. Thank you to Ken S. who passed along this story where “Capital One Financial Corp. said in its Form 10-K filed Feb. 21 that it resolved long-running litigation over its closed GreenPoint Mortgage Funding Inc. unit. The mortgage ...

... loan's reassignment does not moot the rescission claim.The 1st District Appellate Court affirmed in part and reversed in part a decision by Cook County Associate Judge Darryl B. Simko.Cynthia Hirt refinanced her mortgage on May 13, 2005, with GreenPoint Mortgage Funding Inc. Greenpoint lent Cynthia ...

Freddie Mac, the New York City Housing Development Corporation and US Bank loaned Domain Companies and Goldman Sachs $68 million for their residential project in Greenpoint at 1133 Manhattan Avenue. The property spans 35,800 square feet and is the former home of the Brooklyn Rapid Transit ...

MB Financial Bank NA vs. James C. Welker, Fair Grove, the late Sherrolyn A. Welker and any unknown heirs, Greenpoint Mortgage Funding Inc. and JP Morgan Chase Bank NA; quiet title. Michaeleen Peters, Prairie Grove, Ark., vs. Derreck L. Slaughter, Bolivar; CS UIFSA responding. DISSOLUTIONS ...

Pembrook Capital Management closed a $2.256 million second mortgage loan to finalize construction of a 21,341 s/f mixed-use property located at 144-146 West Street in Greenpoint, Brooklyn. Pembrook previously closed a $6.2 million first mortgage loan for the project in March of 2017. A development ...

But Kanas and his team soon grew uncomfortable with risk-taking in GreenPoint's mortgage unit, particularly after sitting down with brokers to learn how the loans were structured. GreenPoint specialized in jumbo loans, as well as Alt-A mortgages, which didn't fully document a borrower's income or assets.

In another un-redacted example from Wagner's complaint, a mortgage-backed security that JPMorgan Chase underwrote in February 2007—relatively late in the cycle—for some $980 million contained around 35 percent of mortgages originated by GreenPoint Mortgage Funding, Inc. The mortgages, which ...

UPDATED, Aug. 23, 6:13 p.m.: Rabsky Group locked in $44.9 million to refinance its 96-unit Greenpoint rental property, which opened earlier this year, according to records filed with the city. Berkadia Commercial Mortgage wrote a new Fannie Mae mortgage of $44.9 million on the asset, a spokesperson for ...

The reason mortgages and creditors are disclosed is to ensure that government officials and those entering government are paying market interest rates for their loans and not ... Starting in 2002, Bannon borrowed $382,500 from GreenPoint Financial in the form of a 30-year adjustable-rate mortgage.