David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market...
mortgage securities News
New York’s highest court on Tuesday curbed the state attorney general’s ability to fight fraud on Wall Street, awarding a...
New York’s top state court on Thursday revived a bond insurer’s $120 million lawsuit claiming Goldman Sachs Group Inc lied...
Bank of America agreed to pay American International Group Inc. $650 million to settle long-running legal disputes over defective mortgage-backed...
The largest U.S. banks may need to pay out up to an additional $105 billion to settle legacy mortgage-related issues,...
Allstate Corp. and Citigroup Inc. agreed to settle a lawsuit filed by the insurer in New York state court accusing...
The U.S. Justice Department and multiple states are discussing also suing Moody’s Corp. for defrauding investors, according to people familiar...
Barely two weeks after the big subprime lender New Century Financial Corp. went bankrupt, a top Standard & Poor’s executive...
The U.S. government is seeking $5 billion in its civil lawsuit against Standard & Poor’s, accusing the ratings service of...
The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois...