Only “Number Jesters” report 2Q economic growth at 4% pace

4 factors weighing down housing in the second half of 2014

Will housing collapse?

Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation
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