U.S. authorities are preparing to charge four former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial ...
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U.S. to charge ex-Suisse traders on subprimes: sources
Posted by mortgage 3 days ago (Editorial)
Three Credit Suisse execs cooked books: feds
Posted by mortgage 2 days ago (Editorial)
Looking to fatten their year-end bonuses, a trio of Credit Suisse execs cooked the books as part of a ?colossal fraud? tied to the subprime mortgage crisis, authorities said Wednesday.
2 ex-Credit Suisse employees guilty of mortgage fraud
Posted by mortgage 2 days ago (Editorial)
Two former Credit Suisse executives on Wednesday pleaded guilty to falsely inflating subprime mortgage-related bond prices as the US housing market tanked, authorities said.
Mortgage lender holds onto former Masonic Temple
Posted by mortgage 3 days ago (Editorial)
SPRINGFIELD ?Although the former The Holy Communion of Churches (HCOC) no longer owns the Masonic Temple at 339-341 State St., the mortgage holder is not asking the HCOC and the 500-person congregation to leave the building anytime soon.
First Person: I Was a Subprime Mortgage Processor
Posted by mortgage 1 day 23 hours ago (Editorial)
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Wells Fargo Topples Bank of America to Become Largest U.S. Mortgage Servicer
Posted by mortgage 1 day 23 hours ago (Editorial)
The Bank of America is no longer the nation's biggest mortgage servicer in the U.S., according to the latest report.
US to Charge ex-Suisse Traders on Subprimes: Sources
Posted by mortgage 3 days ago (Editorial)
US authorities are preparing to charge four former Credit Suisse employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis, sources familiar with the matter said.
HK mortgage rates set to rise
Posted by mortgage 2 days ago (Editorial)
Average mortgage rates in Hong Kong are expected to rise by as much as four percent this year, from the current 2.38 percent, said Sharmaine Lau, Chief Economist at mReferral Mortgage Brokerage Services.
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