What we do know (from the notice) is that the deal being investigated took place in late 2006 and was worth about $1.3 billion. It also said the deal was made of subprime residential mortgage loans.
Search results for sue
REPORT: The SEC May Be Ready To Sue Goldman For A Subprime Mortgage Deal That Cost Taxpayers $545 Million
Posted by mortgage 50 days ago (Editorial)
Woori Bank says to sue Citi, Merrill, RBS over derivatives losses
Posted by mortgage 189 days ago (Editorial)
SEOUL : Woori Bank is preparing to sue Citigroup, Bank of America Merrill Lynch and Royal Bank of Scotland over losses on as much as $300 million in derivatives investments, a spokesman of the South Korean bank said, in the latest legal salvo against large banks that sold risky debt.
UPDATE 2-Woori Bank says to sue Citi, Merrill, RBS over derivatives losses
Posted by mortgage 189 days ago (Editorial)
* Woori biggest local casualty of U.S. subprime crisis * Was penalised by regulators in 2009 * No timeframe given for suit; location could be New York * Citi, Merrill, RBS have no comment (Adds details ...
Feds Sue Mortgage Broker, Alleging Lending Fraud
Posted by mortgage 203 days ago (Editorial)
The federal government sued Allied Home Mortgage, saying its fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of homeowners to face eviction.
Mortgage mess leads KC woman to sue loan servicer, law firm
Posted by mortgage 230 days ago (Editorial)
With the ownership of her home still unresolved, Sherrita Richardson Harris this week sued her mortgage servicer and the law firm representing it in Jackson County Circuit Court for defamation, misrepresentation and violation of Missouri?s merchandising practice act.
Feds sue US banks over risky mortgages
Posted by mortgage 263 days ago (Editorial)
The US government has sued the nation's largest banks, along with a handful of other financial institutions and executives, for violating laws in the sale of home mortgage-backed securities.Among the ...
Feds sue big banks over mortgage securities
Posted by mortgage 263 days ago (Editorial)
Bank of America, Citigroup, Barclays among banks named in Federal Housing Finance Agency suit seeking $41 billion in fraud damages
Feds sue biggest US banks over risky mortgages
Posted by mortgage 263 days ago (Editorial)
NEW YORK (AP) ? The government has sued the nation's largest banks, along with a handful of other financial institutions and executives, for violating federal and state laws in the sale of home mortgage-backed securities.
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