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German-based bank becomes the latest financial institution to agree to a settlement.
Read More »Deutsche Bank to Pay Billions Over Pre-Crisis RMBS
Home / Tag Archives: RMBS Settlements
Bank of America Directs Relief to Hardest Hit Areas
Under the terms of its 2014 RMBS settlement, Bank of America is continuing to provide relief to consumers in the areas most affected by the foreclosure crisis.
Read More »It’s Settled: Morgan Stanley Agrees to Pay $3.2 Billion to Resolve Toxic MBS Claims
The investment banking firm is the latest to agree to a settlement with the government to resolve claims of misrepresenting the quality of mortgage-backed securities sold to investors in the run-up to the crisis.
Read More »Deutsche Chief: Bank is ‘Rock Solid’ Despite MBS Probes and Settlements
The German-based bank agreed to a $1.9 billion settlement with FHFA in December 2013 over claims that the bank defrauded Fannie Mae and Freddie Mac.
Read More »Judge to Bank of America: Hold Off Paying Investors in RMBS Settlement
Investors who are waiting to receive the payouts from Bank of America's $8.5 billion mortgage-backed securities settlement will have to wait a little longer.
Read More »Lower Legal Costs Offset Headwinds for Banks’ Q4 Earnings
One notable exception was Goldman Sachs, which is fresh off a $5.1 billion RMBS settlement.
Read More »Lawmakers Discuss Use of RMBS Settlement Funds at House Judiciary Committee Hearing
Speaking at Thursday's House Judiciary Committee hearing entitled "Oversight of the Justice Department’s Mortgage Lending Settlements," some lawmakers criticized the federal government for using little or none of the $36 billion in recent mortgage backed-securities settlements with big banks to help foreclosure victims.
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