Bank Bank of America a new menace Because mortgage transactions
02.08.2013, 12:45 pm clock
Bank of America WILL Again legacy of the financial crisis caught up: The U.S. Justice Department is preparing a civil action. It's about so-called jumbo mortgage loans for two major U.S. real estate finan
A branch of Bank of America in New York: Many investors have accused the bank, mortgage Low quality - sometimes bundled into complex securities - sold to Have. Source: AFP
A branch of Bank of America in New York: Many investors have accused the bank, mortgage Low quality - sometimes bundled into complex securities - sold to Have. Source: AFP
New York. Bank of America Is A new court dispute over mortgage securities into the house. The U.S. Justice Department was preparing a civil suit in connection with so-called jumbo mortgage bonds, I shared das. House Thursday of money with. Even die SEC konne in this regard submit civil action.
At issue papers, stamps for a guarantee of the Two Great U.S. housing finance companies Fannie Mae and Freddie Mac to Extensively goods and were then combined into one giant bond. The second-largest U.S. bank was accused Exactly IS Went out the declaration was not forth. The Institute was initially not available for comment to REACH.
In its complaint, Get Bank of America once again your legacy from the financial crisis A, above all die in the mortgage business properties and ALREADY have led to a row COMPARISONS costly. Had a bet with house money most on the domestic mortgage market.