MBS Archives - Carrier Management

S&P Mortgage Ratings Trial Sought by U.S. in February 2015

The U.S. Justice Department is seeking a trial in February 2015 in its lawsuit against McGraw Hill Financial Inc.'s Standard & Poor's unit over ratings on residential mortgage-backed securities. ...

Losses Loom For Investors Enmeshed In U.S. Mortgage Chaos

Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic ...

BofA Reaches Record $500M Settlement With Investors On MBS

Bank of America Corp has reached a record $500 million settlement with investors who claimed they were misled by its Countrywide unit into buying risky mortgage debt. The settlement is the largest to ...