The Securities and Exchange Commission charged H&R Block subsidiary Option One Mortgage Corporation with misleading investors in several offerings of subprime residential mortgage-backed securities by ...
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H&R Block unit to pay $28.2M to settle SEC charges related to RMBS
Posted by mortgage 28 days ago (Editorial)
Former H&R Block Subsidiary to Pay SEC $28.2M to Settle Subprime Mortgage Charges
Posted by mortgage 28 days ago (Editorial)
H&R Block's former mortgage subsidiary Option One has agreed to pay $28.2 million to settle charges from the Securities and Exchange Commission over its subprime mortgage investments.
H&R Block Subsidiary Agrees to Pay $28.2 Million to Settle SEC Charges Related to Subprime Mortgage Investments
Posted by mortgage 28 days ago (Editorial)
Washington, D.C., April 24, 2012 ? The Securities and Exchange Commission today charged H&R Block subsidiary Option One Mortgage Corporation with misleading investors in several offerings of subprime residential mortgage-backed securities (RMBS) by failing to disclose that its financial condition was significantly deteriorating.
Bank of America To Pay Record $335 Million To Settle Mortgage Discrimination Case
Posted by mortgage 153 days ago (Editorial)
Bank of America Corp.?s Countrywide Financial unit agreed on Wednesday to pay a record $335-million (U.S.) to settle civil charges that it discriminated against minority home buyers, a historic settlement for the Obama administration in the wake of the subprime mortgage morass.
E-Trade, Insurers to Settle Mortgage Class Action Lawsuit for $79M
Posted by mortgage 153 days ago (Editorial)
E-Trade Financial and its insurers have agreed in principle to pay $79 million to settle class action lawsuits brought against the online brokerage as a result of losses in its mortgage and home equity loans portfolio in 2007. E-Trade was ?
Former Washington Mutual Executives Settle F.D.I.C. Lawsuit
Posted by mortgage 161 days ago (Editorial)
Former executives at Washington Mutual have reached a $64 million agreement to settle a civil lawsuit related to the subprime mortgage crisis.
Ex-Bank Executives Settle F.D.I.C. Suit
Posted by mortgage 161 days ago (Editorial)
Former executives at Washington Mutual have reached a $64 million agreement to settle a civil lawsuit related to the subprime mortgage crisis.
RBS unit to pay $52 million to settle subprime case
Posted by mortgage 176 days ago (Editorial)
(Reuters) - A unit of Royal Bank of Scotland will pay $52 million (33.5 million pounds) to resolve allegations by the state of Massachusetts over its role in home loans that the state's attorney general called unfair. The bulk of the settlement, $40.2 million, will be used to cut mortgage debt and provide other assistance to 700 subprime borrowers in the state. Massachusetts Attorney General ...
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