Treasury to start selling mortgage securities
The Treasury Department says it will begin selling its remaining $142 billion in holdings of mortgage backed securities purchased during the financial crisis. Treasury officials said the first sales of...
View ArticleFDIC proposes exemption for mortgage securities
Federal regulators are proposing to exempt certain mortgages from new rules aimed at getting banks to take on more risk when package and sell mortgage investments. The Federal Deposit Insurance Corp....
View ArticleWells Fargo paying $6.58M to settle SEC charges
Wells Fargo’s brokerage firm has agreed to pay $6.58 million to settle federal civil charges that it failed to adequately inform investors about the risks tied to mortgage securities it sold. The...
View ArticleWells Fargo to pay $335M to settle FHFA dispute
Wells Fargo & Co. will pay $335 million to resolve claims that it allegedly misled Fannie Mae and Freddie Mac about risky mortgage securities.
View ArticleMorgan Stanley to pay $1.3B mortgage settlement
Morgan Stanley said Tuesday that it has agreed to pay $1.25 billion to resolve a lawsuit over mortgage securities with the Federal Housing Finance Agency.
View ArticleTreasury to start selling mortgage securities
The Treasury Department says it will begin selling its remaining $142 billion in holdings of mortgage backed securities purchased during the financial crisis. Treasury officials said the first sales of...
View ArticleFDIC proposes exemption for mortgage securities
Federal regulators are proposing to exempt certain mortgages from new rules aimed at getting banks to take on more risk when package and sell mortgage investments. The Federal Deposit Insurance Corp....
View ArticleWells Fargo paying $6.58M to settle SEC charges
Wells Fargo’s brokerage firm has agreed to pay $6.58 million to settle federal civil charges that it failed to adequately inform investors about the risks tied to mortgage securities it sold. The...
View ArticleWells Fargo to pay $335M to settle FHFA dispute
Wells Fargo & Co. will pay $335 million to resolve claims that it allegedly misled Fannie Mae and Freddie Mac about risky mortgage securities.
View ArticleMorgan Stanley to pay $1.3B mortgage settlement
Morgan Stanley said Tuesday that it has agreed to pay $1.25 billion to resolve a lawsuit over mortgage securities with the Federal Housing Finance Agency.
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