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Real Estate & Property Law

: The Home Equity Theft Reporter

Unwitting Investors Duped Into Buying Crappy Mortgage Paper Make Gains In Effort To Obtain Documents Proving Bankster Fraud & Enforce Buyback Demands

By r morris

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Reuters reports:U.S. banks may be turning on one another in the legal battle over losses on mortgage-backed bonds. Big pension funds and other investors are demanding compensation from banks that sold them supposedly low-risk mortgage-backed bonds that disintegrated in the housing crisis, a fight that ultimately could cost Wall Street $100 billion or more.One big legal obstacle for investors has

Full post as published by The Home Equity Theft Reporter on March 17, 2011 (boomark / email).

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