Foreclosure Home For Sale Real Estate Sign in Front of New House.
The allegations are a variation on a familiar theme: Loosey-goosey mortgages and shoddy underwriting led to mass defaults and foreclosures. What’s left is a tangled set of claims with hundreds of millions of dollars on the line.
October 15, 2018 at 03:18 PM
1 minute read
Editor and columnist at The Litigation Daily
Residential mortgage backed securities are the gift that keeps on giving—to lawyers, that is.
Ten years ago today—October 15, 2008—the Dow plunged 733 points. In a not-so-special commemoration, a mega-trial kicks off in Minneapolis between two companies that were caught in the thick of the financial crisis.
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