Citigroup announced last week that it will pay $7 billion to end an investigation by the U.S Department of Justice into misconduct related to its mortgage securitization practices. The blockbuster settlement came days before...more
With the mortgage crisis almost a decade in the rear-view mirror, some harmed homeowners are just now starting to see reparations for the transgressions of the country’s largest financial institutions.
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7/17/2014
/ Bank of America ,
Banks ,
Citigroup ,
Foreclosure ,
Goldman Sachs ,
JPMorgan Chase ,
Morgan Stanley ,
Mortgages ,
OCC ,
Robo-Signing ,
Settlement ,
Wall Street ,
Wells Fargo
According to a report released Tuesday by Fannie Mae, the big banks who love to act like “injured innocents” when it comes to making mortgage repurchase and indemnification demands on loan originators had their own...more