Advanced Search

March 24, 2014

Credit Suisse Settles PLS Case with FHFA; Subprime MBS Legal Recoveries at $9.8 Billion

By Paul Muolo

Bank of America, which is among the 18 original defendants, has not yet settled and faces the largest liability because of its ownership of Countrywide Financial Corp. and Merrill Lynch.

Read the full article when you register for your FREE IMFnews account.

Free Registration

IMFnews articles are available only to registered users. Sign up to get free access to all IMFnews articles and the daily email alert.

Already Registered?

If you have an existing account with Inside Mortgage Finance, please login below.

Forgot your password?

Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

vote to see results