Federal Housing Finance Agency Issues Subpoenas to Big Banks

Filed in New Gold, South African Gold, Spot Gold by on October 21, 2010 0 Comments

Filed under: Products and Services , Management , Market Matters , Scandals , Headline News , Housing Without naming names, the Federal Housing Finance Agency (FHFA) issued subpoenas to several big banks to obtain documentation on their mortgage servicing and securitization, as reported in the New York Times. The purpose of the subpoenas is to determine is there was fraud in packaging and reselling bundles of mortgages to investors during the housing bubble. Continue reading Federal Housing Finance Agency Issues Subpoenas to Big Banks Federal Housing Finance Agency Issues Subpoenas to Big Banks originally appeared on BloggingStocks on Thu, 21 Oct 2010 17:30:00 EST. Please see our terms for use of feeds . Read  |  Read  |  Read  |  Permalink  |  Email this  |  Comments

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Federal Housing Finance Agency Issues Subpoenas to Big Banks

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