View full page at forexfactory.com

 

Two Down, Many More To Go - Bank Of America Sued For $31 Billion In Mortgage Losses

From zerohedge.com

And so it begins: FHFA Sues Barclays over mortgage securities over losses for $4.9 billion: RTRS FHFA Sues Merrill Lynch Bank of Americal over mortgage securities over losses for $30.85 billion: RTRS Put a fork in Bank of Countrywide Lynch. In the meanime, just about 10 more banks to go. Update: FHFA Sues Nomura for $2 billion in losses: RTRS Update 2: Citi... and so on. Complete summary: Federal housing finance agency sues Barclays PLC BARC.L - court filing Federal housing finance agency sues Barclays over losses on $4.9 billion rmbs Federal housing finance agency sues Bank of America Corp BAC.N - court filing ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News