The US attorney’s office in New York is conducting a criminal investigation of Goldman Sachs over mortgage securities deals the big Wall Street firm arranged. The inquiry reportedly stems from a criminal referral by the Securities and Exchange Commission. A source spoke Thursday on condition of anonymity because the investigation is in a preliminary phase. News of the action came a day after a group of 62 House lawmakers, including Judiciary Committee Chairman John Conyers Jr. (D-Mich.), asked the Justice Department to conduct a criminal investigation of Goldman.

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Are mortgage rates about to hit an all-time low?

The lowest mortgage rates have ever been was around Thanksgiving 2012 when the interest rate for a 30-year fixed-rate mortgage fell to 3.31% (according to Freddie Mac data), but rising panic over the coronavirus could drive rates to lows never seen before. HW+ Premium Content

Feb 25, 2020 By
3d rendering of a row of luxury townhouses along a street

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