Let's settle for 10cents on the dollar and show the World that we mean business! You can't sue Congress who started this mess way back when, so let's go after the heavy hitters who made all of these bad loans Congress encouraged them to make. Yes, they are to blame, but the list of wrong doers in the collapse of the Housing Market, goes well beyond this list!!
Mathews Realty Group
Investment Consultant
Retirement Income Specialist
Self Direct IRA/Solo 401K Plans
FHFA vs. Mortgage Powerhouses: What Does It Mean for the Market?
It’s official. The Federal Housing Finance Agency (FHFA) has unleashed a barrage of lawsuits against Wall Street investment banks and major mortgage lenders.
The GSEs’ conservator is suing 17 financial institutions, as well as officers of the companies and unaffiliated underwriters, alleging violations of federal securities laws related to private-label mortgage bonds sold to Fannie Mae and Freddie Mac.
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