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Tag Archives: RMBS Fraud

Nomura Settles RMBS Suit With DoJ

Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to the Great Recession of 2008.

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Barclays Settles RMBS Suit

The British bank Barclays has reached a settlement with U.S. authorities over financial crisis-era transactions involving toxic residential mortgage-backed securities (RMBS) sold between 2005 and 2007. Under the terms of the settlement, Barclay’s agreed to pay $2 billion in civil ...

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