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Loan Modification
: Mortgage Lender Implode-o-MeterAmbac says banks must pay for RMBS breaches
By Implode-Explode Heavy Industries
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"Ambac Assurance Corp, whose parent company filed for bankruptcy earlier this month, said on Thursday that banks that assembled a dozen poor performing mortgage bonds that it insured must pay for some of those losses."Full post as published by Mortgage Lender Implode-o-Meter on November 19, 2010 (boomark / email).
Lawsuits and Settlements
Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings
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