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Residential Mortgage Backed Securities

Citigroup Reaches Massive Settlement Over Sketchy Practices

AP | Posted 04.08.2014 | Business

NEW YORK (AP) — Citigroup has agreed to pay $1.13 billion to settle claims by investors seeking that the lender buy back billions in residential mor...

Probe Suggests Banks Didn't Learn A Thing From Crisis

Reuters | Posted 03.10.2014 | Business

Jan 8 (Reuters) - Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financia...

Ryan Grim

Key Democrat Criticizes Obama Administration For Lacking 'Political Will'

HuffingtonPost.com | Ryan Grim | Posted 04.24.2013 | Politics

WASHINGTON -- New York Attorney General Eric Schneiderman has privately criticized the Obama administration and the Department of Justice for not aggr...

Eleazar David Melendez

Banks Could Owe HOW MUCH For Housing Boom Fraud?

HuffingtonPost.com | Eleazar David Melendez | Posted 02.26.2013 | Business

A verdict delivered earlier this month by a prominent federal judge heightens the prospect that the nation’s largest financial institutions will be ...

The One Big Thing Missing From the JPMorgan Chase Lawsuit

Mark Gongloff | Posted 12.03.2012 | Business
Mark Gongloff

Eric Schneiderman's lawsuit against Bear Stearns and JPMorgan Chase over mortgage-backed securities is like London at the start of the zombie movie 28 Days Later: devoid of human life.

AIG Offers To Buy Back Mortgage Securities From Fed

Reuters | Ben Berkowitz | Posted 05.25.2011 | Business

(Reuters) - American International Group (AIG.N) offered on Thursday to buy back, for $15.7 billion cash, mortgage-backed securities the U.S. gove...