mortgage backed securities News
Goldman Sachs Will Pay $272M to Settle Mortgage-Backed Securities Lawsuit
Goldman Sachs Group Inc will pay $272 million to settle a lawsuit that claimed the Wall Street bank defrauded investors about the safety of about $6 billion of residential mortgage-backed securities ...
Report: Goldman Sachs Tentatively Agrees to $270M Settlement For Investor Lawsuit
Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter. Pension funds led by NECA-IBEW Health & ...
NY Court Revives Assured Guaranty’s Damage Claims Against Credit Suisse
A New York appeals court on Thursday revived Assured Guaranty Corp.'s claims for certain damages in its lawsuit against Credit Suisse Group AG over allegedly defective loans underlying ...
Assured Guaranty, JPMorgan Agree to End Mortgage Litigation
Assured Guaranty Ltd. and JPMorgan Chase & Co. agreed to settle lawsuits filed by the bond insurer accusing the bank's EMC Mortgage and Bear Stearns units of making misrepresentations about ...
Allstate’s Mortgage Securities Suit Against Goldman Sachs Discontinued
Allstate Corp.'s 2011 lawsuit against Goldman Sachs Group Inc. over the alleged fraudulent sale of residential mortgage-backed securities has been discontinued, court records show. The insurer sued ...