Now Andy Beal has found another seemingly impossible mountain to climb: getting big banks like Bank of America, Citigroup, 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.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
Most Popular Articles
Latest Articles
SERHANT. expands into Texas with 13 founding agents
SERHANT expands to four Texas metros led by Susana Sarvis, adding six rebranding independents and 13 founding agents after $1.5B volume.
-
HUD tests a new Operation Breakthrough for today’s housing crisis
-
Expect a major shift in credit allocation as a result of lender choice
-
Will the Fed really hike rates 3 times in 2026, per Bank of America?
-
Fathom agents briefed on Bed Bath & Beyond acquisition plan
-
Consistency spells top 2026 RealTrends Verified rankings for Gary Mercer Sr.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio