July 24, 2016 12:43 AM ET

Thrifts and Mortgage Finance

Company Overview of EMC Mortgage LLC

Company Overview

EMC Mortgage LLC, a mortgage banking company, engages in servicing residential mortgage loans. Its services include securitization, servicing, and default management. EMC Mortgage LLC was formerly known as EMC Mortgage Corporation. The company was founded in 1990 and is headquartered in Lewisville, Texas with additional offices in Irvine, California. EMC Mortgage LLC operates as a subsidiary of The Bear Stearns Companies, LLC.

2780 Lake Vista Drive

Lewisville, TX 75067-3884

United States

Founded in 1990

Phone:

800-695-7695

Fax:

469-759-4704

Key Executives for EMC Mortgage LLC

Senior Vice President of Financial Operations Division
Chief Information Officer and Executive Vice President
Vice President and Assistant General Counsel
Senior Vice President and Chief Litigation Counsel
Senior Vice President
Compensation as of Fiscal Year 2016.

EMC Mortgage LLC Key Developments

Federal Home Loan Bank of Boston to Receive More Than $110.7 Million in Private-Label MBS Suit

Federal Home Loan Bank of Boston agreed to settle its claims against various defendants regarding investments in private-label MBS, for a net amount of $110.7 million. The FHLB will continue its private-label MBS litigation against various securities dealers, underwriters, control persons, issuers/depositors and credit rating agencies. According to the FHLB's Form 10-K filed March 23, defendants in the private-label MBS litigation include some of the large institutions, their affiliates and subsidiaries and/or defendants under their control or under the control of their affiliates or subsidiaries. Among them are JPMorgan Chase & Co., Morgan Stanley and Credit Suisse (USA) Inc. Other defendants include Barclays Capital Inc., Nomura Holding America Inc., RBS Holdings USA Inc., UBS AmericasInc., Bear Stearns Cos. LLC, DB Structured Products Inc., DB U.S. Financial Market Holding Corp., EMC Mortgage Corp., Impac Mortgage Holdings Inc. and WaMu Capital Corp.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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