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Articles About subprime mortgages
January 28, 2016
4 Money Lessons From ‘The Big Short’
Yes, it's a Hollywood retelling of the worst economic downturn in decades. But it's also highly informative.
January 31, 2014
Bank of America’s Mortgage Settlement Gets the Green Light
A judge has largely approved Bank of America's $8.5 billion mortgage settlement, but AIG isn't happy yet.
November 21, 2013
How Is JPMorgan Walking Away with a $13B Settlement and a Steal?
JPMorgan's legal battle concluded Tuesday, when the bank agreed to a mortgage settlement of $13 billion on top of the $4.5 billion it already agreed to pay.
October 23, 2013
The Jury’s In: Bank of America is Guilty
A federal jury determined Wednesday that Bank of America is liable for defrauding Fannie Mae or Freddie Mac.
October 23, 2013
Are Government Lawyers Dragging BofA Down the Rabbit Hole?
The federal government has alleged that Countrywide sold Fannie Mae and Freddie Mac billions of dollars of toxic mortgage loans.
July 08, 2013
BofA Prepares for Court, but Investors Aren’t Scared
After a nearly one-month hiatus, Bank of America’s Article 77 hearing over whether the company's $8.5 million mortgage-backed securities settlement will be upheld resumed on Monday.
December 16, 2011
SEC Sues Former Heads of Fannie and Freddie
The U.S. Securities and Exchange Commission is suing Daniel Mudd and Richard Syron, the former chiefs of Fannie Mae and Freddie Mac, over disclosures they made about subprime loans...
August 25, 2011
Warren Buffett Invests $5 Billion in Bank of America
Warren Buffett's Berkshire Hathaway Inc. will invest $5 billion in Bank of America to keep the company afloat after subprime mortgage-related losses left the lender low on capital...
April 28, 2010
10 Burning Questions The Senators Should Have Asked Goldman Sachs
If the Congress won't do their job, someone must ...
April 16, 2010
Did John Paulson Rig the Deck and Deal His Winning Hand in the CDO Crash?
Once the wolves smell blood, Paulson will be hinged to the Goldman witch hunt ...