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18 Oct 2018, 9:42 am by Erin McCarthy Holliday
The post US reaches $480 million settlement with mortgage-backed securities firm appeared first on JURIST - News - Legal News & Commentary. [read post]
6 May 2019, 9:01 am by ccollins
The post Morgan Stanley To Pay $150M Over Mortgage-Backed Securities appeared first on Securities Fraud Attorney. [read post]
15 Nov 2018, 4:00 am by ccollins
The post US Government Sues UBS for Residential Mortgage-Backed Securities Fraud appeared first on Securities Fraud Attorney. [read post]
25 May 2012, 11:10 am by James Hamilton
The Residential Mortgage-Backed Securities Working Group has launched a whistleblower website to report fraudulent activities in the mortgage-backed securities market. [read post]
3 Feb 2011, 2:10 pm by J. Tom Minor, IV
Many are reporting that 2011 will be a good year for commercial mortgage-backed securities (CMBS). [read post]
25 Jun 2009, 7:00 am
Virtually every type of collateral backing these commercial mortgage-backed securities is losing value. [read post]
8 Jul 2011, 1:28 am by Kevin LaCroix
In what is as far as I know the first settlement of a securities class action lawsuit brought by mortgage-backed securities investors as part of the subprime and credit crisis-related litigation wave, the parties to the Wells Fargo Mortgage-Backed Certificates securities litigation have agreed to settle the case for $125 million. [read post]
7 Jun 2010, 7:18 am
As Riverside commercial real estate loan modification attorneys, we've been following the news about commercial mortgage-backed securities for the same reasons we follow news about unsecuritized commercial loans. [read post]
2 Sep 2011, 3:14 pm by Jenna Greene
The Federal Housing Finance Agency filed suit today against 17 of the world's largest financial firms, seeking to recover losses suffered by Fannie Mae and Freddie Mac on private-label mortgage-backed securities. [read post]
12 Apr 2016, 5:17 pm by Sabrina I. Pacifici
  “This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” said Acting Associate Attorney General Stuart F. [read post]
29 Jan 2013, 6:54 am by D. Daxton White
  On other occasions, Litvak misled purchasers by creating a fictional seller to purport that he was arranging a mortgage-backed securities trade between customers when in reality he was just selling mortgage-backed securities out of his firm’s inventory at a higher price. [read post]
20 Nov 2012, 7:12 am by D. Daxton White
Morgan Securities LLC and Credit Suisse Securities (USA) with misleading investors in offerings of residential mortgage-backed securities. [read post]
3 Aug 2014, 8:55 pm by Allison Tussey
The bonds at issue were composed of subprime residential mortgage-backed securities (“RMBS”) and commercial mortgage-backed securities (“CMBS”). [read post]
  The SEC has announced administrative proceedings against Memphis, Tennessee-based firms Morgan Keegan & Company and Morgan Asset Management as well as two employees accused of fraudulently overstating the value of securities backed by subprime mortgages. [read post]
25 Jun 2014, 9:09 am by Allison Tussey
The bonds at issue were composed of subprime residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS). [read post]
29 Jun 2011, 10:24 am by Kevin LaCroix
There are many other pending suits brought on behalf of investors who purchased Countrywide-issued mortgage backed securities. [read post]
4 Oct 2011, 2:22 pm
The complaint contends that these persons signed off on documents that included misleading and false information that was used to sell billions of dollars in mortgage-backed securities. [read post]
23 Oct 2007, 3:52 pm
Large numbers of collateralized debt obligations (CDO's) and mortgage back securities (CMO's) made up of bonds backed by sub-prime home loans are starting to shut-off cash payments to investors. [read post]