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Seven defendants have been charged with running an alleged mortgage fraud scheme which resulted in the approval of approximately $49.6 million in fraudulent loans, and millions in losses to the lenders, including Bank of America, Regions Bank, SunTrust Bank, and Wachovia Bank.
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Nicholson bristled at the (very reasonable) criticisms of the Oilers organization being an “old boys’ club,” one that’s still dominated by relics from their past glories in the ’80s. While Nicholson.
Asian stocks markets were largely flat in early trade on Monday as investors braced for key earnings reports and US President Donald Trump’s announcement of the new Federal Reserve chair. Hong Kong.
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Talk About Subprime I also talk about “big energy” and their incentive. And we needed someone to explain both the toxic leverage of subprime mortgage derivatives and the phony models valuing them.