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Mortgage Crisis Presents a New Reckoning to Banks

News Link • Housing

Mortgage Crisis Presents a New Reckoning to Banks

12-09-2012 • New York Times

The nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis, potentially adding significantly to the tens of billions of dollars the banks have already paid to settle other cases.

Read Full Story

Reported by Powell Gammill

•

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Tags: nation’s, largest, facing, torrent, lawsuits, asserting, shoddy, mortgage, securities, imploded, during, financial, crisis, potentially, adding, billions, dollars, already, settle

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