2012-12-18 — bloomberg.com
``HSH Nordbank is one of a group of regional German lenders that have sued over mortgage-backed securities in New York during the past year. HSH Nordbank filed a similar suit against Goldman Sachs Group Inc. and Morgan Stanley in August.
Pools of home loans securitized into bonds were a central part of the housing bubble that helped send the U.S. into the biggest recession since the 1930s. The housing market collapsed, and the crisis swept up lenders and investment banks as the market for the securities evaporated. ''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
