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 sues
FDIC sues big banks over subprime mortgage losses
Posted by mortgage 1 day 34 minutes ago (Editorial)
Ambac Sues Bank of America Over Mortgage-Based Securities
Posted by mortgage 29 days ago (Editorial)
Ambac Assurance Corp. sued Bank of America Corp. in New York state court, accusing the company of breach of contract over a mortgage-backed securitization sponsored by its Merrill Lynch unit.
Israeli bank sues three U.S. financial giants for $720m
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.
Tunkhannock couple sues financial giant Wells Fargo over home mortgage modification
Posted by mortgage 53 days ago (Editorial)
A Tunkhannock couple's breach-of-contract lawsuit against a bank in a clash over a home mortgage modification could set a new legal baseline in Pennsylvania.
New York sues banks over electronic mortgage system
Posted by mortgage 109 days ago (Editorial)
NEW YORK (Reuters) - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. Schneiderman filed the lawsuit against Bank of America Corp , Wells Fargo & Co and JPMorgan Chase & Co in New York state court in Brooklyn. The lawsuit is over the banks ...
Hometownstations.com-WLIO- Lima, OH News Weather SportsIllinois attorney general sues Standard & Poor's
Posted by mortgage 118 days ago (Editorial)
CHICAGO (AP) - The Illinois attorney general filed a lawsuit Wednesday accusing Standard & Poor's of misleading investors by assigning its highest ratings to risky mortgage-backed investments during the years leading up to the crash of the housing market.
Illinois attorney general sues Standard & Poor's
Posted by mortgage 118 days ago (Editorial)
The Illinois attorney general filed a lawsuit Wednesday accusing Standard & Poor's of misleading investors by assigning its highest ratings to risky mortgage-backed investments during the years leading up to the crash of the housing market.
SEC Sues Former Freddie Mac Chief Executive Syron in New York
Posted by mortgage 126 days ago (Editorial)
The U.S. Securities and Exchange Commission sued former Freddie Mac Chief Executive Officer Richard Syron in New York.
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