The Securities and Exchange Commission (SEC) is ramping up a probe of a second complex mortgage deal by Goldman Sachs. SEC accusations that Goldman defrauded investors in Abacus, a synthetic collateralized debt obligation designed in part by mortgage-shorter John Paulson, have already thrust the bank into a legal quagmire.
SEC said to investigate 2nd Goldman CDO
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
