Category Archives: Argent Mortgage

Hedge Fund Sues Mortgage Securities Bundler

By The Bad Banker | Published: November 30, 2009

Ellington Management Group , the hedge-fund firm focused on mortgage bonds, sued ACC Capital Holdings units over soured subprime home loans.

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Argent Manager Jailed For Fraud

By The Bad Banker | Published: November 19, 2009

Samuel Green, a former manager for New York-based financial group Argent, was part of a two-year scheme that involved bad loans in Hillsborough, Lee, Pinellas and Polk counties, the attorney general’s office said. Green and five co-defendants, including former Vice President Orson Benn and Scott Almeida, were prosecuted by the attorney general’s Office of Statewide Prosecution. Almeida and [...]