mortgage backed securities

Deutsche Bank to Pay $7.2 Billion Fine over Mortgage-Backed Securities

Deutsche Bank has agreed a $7.2 billion fine over an investigation into mortgage-backed securities in the US. The sum, which…

8 years ago

Bank of America sued by US government over mortgage securities

The US government filed two lawsuits against Bank of America relating to fraud on $850 million of mortgage-backed securities. The…

11 years ago

UBS reaches agreement with Federal Housing Finance Agency over US mortgage litigation

Swiss bank UBS has reached an agreement with US housing agencies to settle claims it had mis-sold mortgage investments. UBS…

11 years ago

US to sue Standard & Poor’s over subprime ratings

Standard & Poor's has announced it is to be sued by the US government over the credit ratings agency's assessment…

12 years ago

US unemployment remains elevated, says Federal Reserve

The Federal Reserve has reiterated that the US economy is only growing slowly, and that the country's unemployment rate "remains…

12 years ago