Examples of Ownit in a sentence
Wilshire CirclePlaintiff$40,000.0011/29/2016Association, as Trustee for Ownit Mortgage Loan Trust, Mortgage Loan Asset-Backed Certificates, Series 2005-2Brabant, et al.Goshen, OH 45122304413.100.2016-CVE-0542 Plaza Home Mortgage, Inc.
Although Ownit was the original party to the financing, Ms. Rosenfield alleges that the loan was subsequently sold or assigned to HSBC.
This was perhaps surprising, given that Merrill Lynch & Co had purchased a minority stake in Ownit the previous year.
Ownit, New Century, and Novastar that an unusually high share of their loans were becoming delinquent almost immediately were a cause for alarm.
Prospectus Supplements were then filed for each of thirty-three M&T Mortgage Corp.; GreenPoint Mortgage Funding, Inc.; NovaStar; Accredited Home Lenders Inc.; American Home Mortgage Corp.; CTX Mortgage Company, LLC; Flagstar; FSB; Mortgage, Inc.; Ownit Mortgage Solutions; SunTrust Mortgage, Inc.; and Washington Mutual Mortgage Securities Corp.
For example, CW30, a senior underwriter at the Atlanta, Georgia, branch of Ownit Mortgage Solutions from 2005-2006, stated that “everyone was riding on totally inflated values” for a year or two.
Armstrong aka4204 ChristopherPlaintiff$115,000.004/19/2016Association, as Trustee for Ownit Mortgage Loan Trust, Mortgage Loan Asset-Backed Certificate, Series 2005-5Shawn Armstrong and TracyJ.
As a consequence of the decline in the real estate market, a number of subprime mortgage originators filed bankruptcy petitions at the end of 2006 and in early 2007, including Ownit Mortgage Solutions, Inc.
This same former employee said that, at Ownit, the appraisal process was “owned by the loan officers” who enjoyed “a cozy relationship” with the appraisers.
Ownit is a set of indicators intended to capture the impact of firms’ owership structure, and we also include industrial sector indicators and regional dummies to allow for firm heterogeneity across sectors and the influence of regional development processes and policy interventions at the sub-national level.