Items Tagged with 'Residential Mortgage-Backed Securities Working Group'

ARTICLES

  • DOJ loses another top cop on mortgage fraud

    U.S. Attorney for the District of Colorado John Walsh stepping down
    The Department of Justice is about to lose another one of its top cops in its fight against mortgage fraud. The DOJ announced Friday that John Walsh, the U.S. Attorney for the District of Colorado and the co-chair of the DOJ’s Residential Mortgage-Backed Securities Working Group, is stepping down. While with the DOJ, Walsh played a key leadership role in securing a $7 billion settlement with Citigroup over residential mortgage-backed securities and collateralized debt obligations.
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  • Morgan Stanley settles for $3.2 billion over 'deceptive' mortgage bond practices

    Internal e-mail: We are running under the radar and do not want to document this
    Morgan Stanley will hand out hundreds of millions of dollars in consumer relief and fork over hundreds of millions more to state governments as part of $3.2 billion settlement over its “deceptive” mortgage bond practices in the run-up to the financial crisis, the New York Attorney General’s Office said Thursday.
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