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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.
Federal prosecutors are expected to file charges against former Credit Suisse traders over subprime mortgage mess of 2008
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 ...

Fed fines Wells Fargo over US subprimes

Posted by mortgage 307 days ago (Editorial)
The US central bank slapped Wells Fargo with an $US85 million ($A79.51 million) fine on Wednesday for allegedly "deceptive" practices in selling subprime mortgages before the financial crisis.The ...
Investors are bidding up prices for top-tier office buildings in Orange County, California, even as vacancies stand at almost 20 percent after the collapse of the subprime-mortgage industry that once made the region its home.

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