2010-09-23 — wsj.com
Big U.S. banks are facing legal pressure to make up for losses tied to pools of soured low-end mortgage loans.
In the latest effort, a group of investors in 2,300 mortgage securities worth roughly $500 billion is seeking to force several banks that originated or are now servicing faulty subprime-mortgage loans to repurchase or modify them.
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catherine at 20:45 2010-09-23 said:
these boys already spent the taxpayer money you gave them washington............ now these banks will just start closing like Own-it did when the government asked them to pay back bad loans, they shut down in a week............ we will start seeing the rest of the BAD banks disappear now........125 today, 250 by christmas and that is if we are lucky, could be more Permalinkadd a comment | go to forum thread
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