Sunday, September 7, 2014

Should banks who sold toxic mortgage securities to FNMA and FRMC be penalized?

http://mobile.reuters.com/article/idUSKBN0GS2D120140828?irpc=932

HSBC, Royal Bank, and Nomura are the only banks who haven't settled their monetary penalties with FHFA. HSBC's trial starts September 29th.

Read more: Should banks who sold toxic mortgage securities to FNMA and FRMC be penalized?