Category Archives: subprime
Connecticut the Latest to File Suit Against Countrywide
CNN reports that Connecticut Attorney General Richard Blumenthal has filed suit in Hartford Superior Court today against Countrywide, becoming the fourth state (after California, Florida, and Illinois) to sue what was once the nation’s largest mortgage originator over its lending … Continue reading
SEC Requests Subprime Mortgage Docs from National City
From a story published in the Louisville Courier-Journal: “The Securities and Exchange Commission (SEC) has requested documents from National City Corp. relating to the sale of its former subprime mortgage unit and other matters as part of an informal probe, … Continue reading
Posted in acquisitions, banks, probes, SEC, subprime
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