United States deposit insurer FDIC has sued Deutsche Bank and other big financial groups, seeking damages for mortgage losses. The lawsuit is one more attempt to clean up the subprime mortgage scandal.
Search results for losses
FDIC sues big banks over subprime mortgage losses
Posted by mortgage 19 hours ago (Editorial)
Hapoalim files huge U.S. suit over subprime losses
Posted by mortgage 38 days ago (Editorial)
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses in the U.S. subprime crisis, alleging that the U.S. institutions misled and defrauded it.
Mortgage Insurers Continue to Struggle to Recoup Losses
Posted by mortgage 86 days ago (Editorial)
NEW YORK, NY-- - Mortgage Insurers continue to struggle to recoup their losses after the housing bubble burst and foreclosures soared, leaving them with large claims on unpaid home loans. Reuters reports ...
BofA Wins Dismissal From Allstate Mortgage Losses Suit Against Countrywide
Posted by mortgage 110 days ago (Editorial)
Bank of America, as a corporate parent, isn?t responsible for the liabilities of Countrywide, the mortgage lender it acquired in 2008, U.S. District Judge Mariana Pfaelzer in Los Angeles said today.
UK trader pleads guilty over to hiding subprime losses
Posted by mortgage 111 days ago (Editorial)
A UK trader has pleaded guilty to overstating the value of mortgage-backed bonds when working at Credit Suisse at the start of the financial crisis.
Banks Blame Countrywide for U.K. Mortgage Losses in 97 Lawsuits
Posted by mortgage 128 days ago (Editorial)
Suninder Sandha bought his luxury apartment in Coleorton Hall, a 19th century country mansion near Leicester in central England, using a 1.2 million-pound loan ($1.86 million) from Barclays Plc in 2005.
Banks Blame Countrywide for U.K. Mortgage Losses in 97 Suits
Posted by mortgage 134 days ago (Editorial)
Suninder Sandha bought his luxury apartment in Coleorton Hall, a 19th century country mansion near Leicester in central England, using a 1.2 million-pound loan ($1.86 million) from Barclays Plc in 2005.
JPMorgan, Ally Sued by HSH Nordbank Over Mortgage Bond Losses
Posted by mortgage 145 days ago (Editorial)
JPMorgan Chase & Co., the biggest U.S. bank by assets, and Ally Financial Inc. were among the financial institutions blamed by the German lender HSH Nordbank AG in lawsuits over losses on about $293 million in mortgage bonds.
Mortgage How to Get is an informational resource about mortgage news and information.