Where's Watt?

Where's Watt?

FHFA scorecard should be marked tardy

Key MERS legal employees turn away from company

Company now under federal scrutiny

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline
W S
Lending / The Ticker

Billionaire banker Andy Beal goes after big banks on bad loans

/ Print / Reprints /
| Share More
/ Text Size+

Now Andy Beal has found another seemingly impossible mountain to climb: getting big banks like Bank of AmericaCitigroup, Goldman Sachs and JPMorgan Chase & Co., to repurchase potentially faulty loans that were sold during the housing boom. According to Katy Burne at The Wall Street Journal, Beal is working to bring bondholders together  to investigate potential misrepresentations and contract breaches by the banks that sold residential mortgage-backed securities.

Source: Forbes
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus