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Ohio Attorney General Sues Freddie Mac
Jan 23, 2008As if it wasn’t enough that the city of Cleveland is suing 21 mortgage lenders for being a public nuisance, Ohio AG Marc Dann stepped into the fray Wednesday by suing none other than Freddie Mac. Alleging that the GSE “secretly and intentionally participated in one of the largest housing investment deceptions in modern U.S. economic times,” Dann’s office filed a securities fraud class action lawsuit in federal court in Youngstown, Ohio.
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Mortgage Market Roundup, Monday Edition
Jan 14, 2008 -
Second Life: Morgan Stanley Hedge Fund Platform Taps C-BASS Team
Jan 09, 2008 -
Lawyer Up: Firms Launching ‘Subprime’ Practice Areas
Jan 09, 2008 -
Citigroup to Streamline Mortgage Ops; Will Consolidate Primary, Secondary Market Activities
Jan 08, 2008 -
State Street Hit Bitten by Mortgage Exposure; Investment Chief Resigns
Jan 03, 2008 -
National City Ditches Wholesale Mortgage Origination
Dec 31, 2007 -
The ‘Nobody Saw it Coming’ Defense is Rather Amusing, Really
Dec 31, 2007 -
As Credit Crunch Continues, Even Smaller Banks Feel the Pinch
Dec 26, 2007 -
Class-Actions Spike in 2007, Driven by Subprime Litigation
Dec 21, 2007 -
Mortgage Woes Drive Fourth Quarter Loss of $854 Million at Bear Stearns
Dec 20, 2007
