Nomura found liable for selling toxic mortgages to Fannie, Freddie
er Company) is an American holding company, that owns the manufacturer of International brand commercial trucks, IC Bus school and commercial buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van, and SUV markets.Giving New Meaning to "Shadow Inventory" – Giving New Meaning to "Shadow Inventory". the stock of properties in delinquency or foreclosure that are not yet for sale," he says, "these buyers waiting in the wings are the new "shadow.
Many people have argued that Fannie and Freddie caused the financial crisis, but a court just ruled against RBC and Nomura for selling them fraudulent loans (self.investing) submitted 4 years ago * by hedgefundaspirations
A New York federal judge on Monday found Nomura Holdings Inc. liable for selling shoddy mortgage bonds to Fannie Mae and Freddie Mac before the 2008 financial crisis, ruling in favor of the.
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