THIS IS A 2022 UPDATE ON HOW THE GOVERNMENT CONTINUES TO ROLL OUT THE RED CARPET FOR PRETIUM AND SIMILAR WALL ST INVESTMENT FIRMS.
FHFA did not succeed to the interests of Freddie Mac until Sept. 2008, so it acquired no interest in Freddie Mac’s NovaStar bonds until then.
Once again, the executives were not charged with any crime after the 2008 financial crisis. This article is a precursor for 2022 updates.
Lehman Brothers bankruptcy is the largest in U.S. history. It invested heavily in predatory mortgages just as housing prices started falling.
Wells Fargo exhibited an unreasonable lack of diligence in the prosecution, including in the attempt to effectuate service of process
Ahmed Zayat of Zayat Stables, which owned 2015 Triple Crown winner American Pharoah faces residential foreclosure in 2022.
Plaintiff claims HSBC Bank failed as trustee for about $2 billion worth of residential mortgage-backed securities trusts (RMBS).
Goldman Sachs is running out of cards to play before it has to explain to a jury its role in the 2008 and 2009 financial crisis.
The order dismissing the 2009 action was entered on April 1, 2019, yet service upon defendant was not effected until over six months later.
Four foreclosure cases before the Supreme Court of the State of NY, Appellate Division, Second Dept received positive results for homeowners.