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  2. Lehman Brothers - Wikipedia

    en.wikipedia.org/wiki/Lehman_Brothers

    In 1997, Lehman bought Colorado-based lender, Aurora Loan Services (not a bank), an Alt-A lender. In 2000, to expand their mortgage origination pipeline, Lehman purchased West Coast subprime mortgage lender BNC Mortgage LLC. Lehman quickly became a force in the subprime market. By 2003 Lehman made $18.2 billion in loans and ranked third in lending.

  3. William K. Black - Wikipedia

    en.wikipedia.org/wiki/William_K._Black

    Liar's loans are 'criminogenic' (they create epidemics of mortgage fraud) because they create strong incentives to provide false information on loan applications." [ 10 ] [ 8 ] : 122–148 On the same page in his prepared testimony Black referenced an article from the Denver Post dated September 16, 2008, the day after Lehman filed for bankruptcy.

  4. Bankruptcy of Lehman Brothers - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

    In 1997, Lehman bought Colorado-based lender Aurora Loan Services, an Alt-A lender. In 2000, to expand their mortgage origination pipeline, Lehman purchased West Coast subprime mortgage lender BNC Mortgage LLC. Lehman quickly became a force in the subprime market. By 2003 Lehman made $18.2 billion in loans and ranked third in lending.

  5. Aurora Bank - Wikipedia

    en.wikipedia.org/wiki/Aurora_Bank

    Aurora Bank was a federal savings bank (FSB) headquartered in Wilmington, Delaware, established in 1921 under the name Delaware Savings And Loan Association. [ 1 ] [ 2 ] It reorganized as an FSB in 1988 [ 3 ] and became a subsidiary of Lehman Brothers in 1999, renamed as Lehman Brothers Bank.

  6. Onity Group - Wikipedia

    en.wikipedia.org/wiki/Onity_Group

    Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners".

  7. What to know if CornerStone was your student loan servicer - AOL

    www.aol.com/finance/know-cornerstone-student...

    CornerStone Education Loan Services was managed by the Utah Higher Education Assistance and was previously one of eight approved federal student loan servicing agencies. Due to financial loss ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  9. Undocumented immigrants in California could have a new path ...

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