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News About "First Franklin"
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1. Over 5k Subprime RMBS Downgrades - Recent subprime ratings downgrade activity... First Franklin Mortgage Loan Trust 2006-FF13. An ongoing review of subprime RMBS transactions prompted Moody's to lower ratings from the following securitizations. six tranches of www.mortgagedaily.com/RatingsSubprime100709.asp 2. 3 Chairmen Out, 3 Presidents In - Recent mortgage-related executive activity... Systems LLC, a news release today said. Kemph, who previously worked at Calyx Software and First Franklin, will be responsible for recruiting small and medium-sized mortgage www.mortgagedaily.com/Executives091409.asp 3. Junior Downgrades - Recent ratings actions on RMBS backed by 2nds and HELOCs... FFMLT 2007-FFB-SS; First Franklin Mortgage Loan Trust ... 2005HF-1; Merrill Lynch First Franklin Mortgage Loan Trust 2007 ... certificates issued in First Franklin Mortgage Loan Trust www.mortgagedaily.com/Ratings2nds081409.asp 4. Subprime Securities Downgraded - Recent RMBS ratings activity | MortgageDaily.com Corporation between 2002 and 2004; 98 securities from 22 First Franklin issuances from 2001 through 2004; 68 securities from 20 transactions issued by Asset Backed Securities www.mortgagedaily.com/RatingsSubprime070609.asp 5. Biggest Subprime Lenders: Where Are They Now? - Ranking by Center for Public... Century was among the first major subprime casualties. Fourth was First Franklin Financial Corp., where subprime ... in April 2007 4. First Franklin Corp. $68 billion Closed www.mortgagedaily.com/BiggestSubprime050709.asp 6. Subprime Downgrades By the Thousands - Recent subprime ratings activity... Stanley issuances securitized from 2005 to 2007; 275 certificates from 39 First Franklin securitizations done in 2005, 2006 and 2007; 248 tranches from 36 2005, 2006 and 2007 www.mortgagedaily.com/RatingsSubprime031909.asp 7. Subprime Lawsuits Expanded to 14 Companies - NAACP v. Wells Fargo, HSBC... Bank USA CitiMortgage First Franklin Financial Corp. First Tennessee Bank d/ ... subprime mortgages. Among the deceased are Ameriquest, First Franklin, Fremont and Long Beach. A judge has www.mortgagedaily.com/LawsuitsNaacp031309.asp 8. Investors Fill Courtrooms - Recent investor class action activity | MortgageDaily.... Mortgage Investors certificates First Franklin Mortgage Loan Trust, ... Oar5; Merrill Lynch, First Franklin Mortgage Loan Trust ... 1; Merrill Lynch First Franklin Mortgage Loan, Trust www.mortgagedaily.com/InvestorLawsuits031009.asp 9. Subprime Downgrades Abundant - Recent subprime RMBS ratings activity... First Franklin Mortgage Loan Trust 2005-FF9; seven classes ... Backed Securities Trust 2006-WMC3; three certificates from First Franklin Mortgage Loan Trust 2002-FF4; two tranches of www.mortgagedaily.com/RatingsSubprime012009.asp 10. W&W Deal Done - Wells acquires Wachovia on Dec. 31 | MortgageDaily.com Lynch's mortgage-related subsidiaries First Franklin Financial Corp., NationPoint and Ownit Mortgage Solutions have all collapsed. It still owns special servicer Wilshire Credit www.mortgagedaily.com/WellsWachovia010209.asp 11. Junior Lien RMBS Downgraded - Recent ratings actions on junior liens... Series 2006-ASL1 deals from 2006 and 2007; four First Franklin Mortgage Loan ... 2007; Merrill Lynch First Franklin Mortgage Loan Trust ... from four First Franklin Mortgage Loan www.mortgagedaily.com/RatingsJuniorLiens122208.asp 12. Credit Suisse Closes Wholesaler Unit - LIME Financial ends operations... Mortgage, before it was acquired by First Franklin, and Meritage Mortgage, before it was sold to NetBank and subsequently shut down in November 2006. The current CEO of LIME is www.mortgagedaily.com/ClosureLime120508.asp 13. Net Branch Lawsuits - 3rd Quarter 2008 Mortgage Litigation Report from... Atlantic Capital, LLC First Franklin Financial Corporation U.S. District Court for ... losses of more than $1.0 million. First Franklin Financial Corp. v. Mid Atlantic Capital LLC www.mortgagedaily.com/NetBranchLawsuits120108.asp 14. Mortgage Fraud Lawsuits - 3rd Quarter 2008 Mortgage Litigation Report from... November 15, 2007 www.mortgagedaily.com/JudgmentEasyRealty091808.asp Mid Atlantic Capital, LLC First Franklin Financial Corporation ... 1.0 million. First Franklin Financial Corp. v www.mortgagedaily.com/MortgageFraudLawsuits120108.asp 15. Subprime Ratings Journal - Recent RMBS ratings activity | MortgageDaily.com Trust RMBS from 2005; First Franklin Mortgage Loan Trust transactions from 2005 and ... 2005-2; MLMI 2005-HE3; Merrill Lynch First Franklin Mortgage Loan Trust 2007-H1; Morgan Stanley www.mortgagedaily.com/RatingsSubprime112808.asp 16. Nonprime RMBS Ratings Pounded - Recent MBS ratings activity | MortgageDaily.com Stearns transactions issued from 2005 to 2007; 366 classes from 39 First Franklin RMBS securitized in 2005, 2006 and 2007; 346 certificates from 43 RFC deals issued between 2005 www.mortgagedaily.com/Ratings102708.asp 17. Nonprime Ratings Pummeled - Recent RMBS ratings activity | MortgageDaily.com Trust issuances from 2006 and 2007; 28 classes from five First Franklin Mortgage Loan Trust transactions from 2005, 2006 and 2007; eight tranches from GSAA Home Equity Trust 2006- www.mortgagedaily.com/Ratings101308.asp 18. Lack of FHA Kills Ohio Firm - Coldstream closes | MortgageDaily.com First Franklin Financial Corp. First Franklin was shut down last March by new owner Merrill Lynch. Merrill had acquired First Franklin from National City Corp. on Dec. 30, 2006, www.mortgagedaily.com/ClosureColdstream100708.asp 19. Fraud Lawsuits Tied to Net Branch Collapse - Mid Atlantic closes down... First Franklin Financial Corp. filed against Mid Atlantic on ... 15 loans he now has in his pipeline. First Franklin Financial Corporation, Plaintiff, v. Mid Atlantic Capital, LLC www.mortgagedaily.com/ClosureMidAtlantic091908.asp 20. Word On the Street - BoA buying Merrill, Lehman filing bankruptcy | MortgageDaily.... BoA expects to save $7 billion annually from the merger. Merrill was tied to First Franklin Financial Corp. and subsidiary NationPoint, which both shut down in March; Wilshire www.mortgagedaily.com/BoaMerrill091508.asp 21. Foreclosure Litigation - 2nd Quarter 2008 Mortgage Litigation Report from... Bank National Association, First Franklin Financial Corp., Republic Mortgage Banc LLC, Majestic Title Agency LLC, C&N Services Inc. and others Medina County Common Pleas Court na www.mortgagedaily.com/ForeclosureLawsuits090908.asp 22. Mortgage Compliance Lawsuits - 2nd Quarter 2008 Mortgage Litigation Report from... Bank National Association, First Franklin Financial Corp., Republic Mortgage Banc LLC, Majestic Title Agency LLC, C&N Services Inc. and others Medina County Common Pleas Court na www.mortgagedaily.com/ComplianceLawsuits090908.asp 23. Credit Reporting Lawsuits - 2nd Quarter 2008 Mortgage Litigation Report from... Bank National Association, First Franklin Financial Corp., Republic Mortgage Banc LLC, Majestic Title Agency LLC, C&N Services Inc. and others Medina County Common Pleas Court na www.mortgagedaily.com/CreditLawsuits090908.asp 24. Some Improvements on HELOC Performance - 2005, 2007 HELOC foreclosures decline... Nomura had the highest foreclosure rate, at 0.30 percent, and the worst cumulative losses were at First Franklin, at 22.50 percent. next story back to current headlines Nonprime www.mortgagedaily.com/Hel2ndPerformance082508.asp 25. Federal Regulators Busy - Recent earnings and corporate activity | MortgageDaily... First Franklin Financial Corp. to Merrill Lynch in September 2006. No allegations of illegal actions have been made as of yet. The Office of the Comptroller of the Currency www.mortgagedaily.com/Mergers081308.asp
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