The Financial Industry Regulatory Authority announced today that it has fined Citigroup Global Markets, Inc. $3.5 million for providing inaccurate mortgage performance info
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FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime ...
Posted by mortgage 20 hours ago (Editorial)
FDIC sues big banks over subprime mortgage losses
Posted by mortgage 20 hours ago (Editorial)
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.
Finra Fines Citigroup $3.5 Million For Inaccurate RMBS Data
Posted by mortgage 20 hours ago (Editorial)
The Financial Industry Regulatory Authority has fined Citigroup Inc.'s (C) Global Markets group $3.5 million for allegedly posting inaccurate data about deals it was making on mortgage-backed securities during the subprime mortgage and housing market crisis.
AIG ventures back into subprime mortgages
Posted by mortgage 2 days ago (Editorial)
American International Group, the insurer that needed a $182.3 billion bailout from the U.S. government in 2008 after failed mortgage investments, is betting this time it's different.
AIG Wagers on Subprime Betting Second Time Different: Mortgages
Posted by mortgage 6 days ago (Editorial)
American International Group Inc. (AIG) , the insurer that needed a $182.3 billion bailout from the U.S. government in 2008 after failed mortgage investments, is betting this time it?s different.
Former subprime lender ResCap files for Chapter 11
Posted by mortgage 8 days ago (Editorial)
Residential Capital L.L.C., which was a big subprime mortgage lender and still employs 1,385 in Fort Washington, filed for bankruptcy protection Monday in New York.
Former subprime lender ResCap files for Ch. 11
Posted by mortgage 8 days ago (Editorial)
Residential Capital L.L.C., which was a big subprime mortgage lender and still employs 1,385 in Fort Washington, filed for bankruptcy protection in New York on Monday.
Mercury News interview: Paul Leonard, Center for Responsible Lending
Posted by mortgage 11 days ago (Editorial)
Center director forecast housing market's bubble before bust in 2007
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