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New filings show another major bank pushed risky mortgage lending

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Mortgage Professional America | 09 Jan 2015, 08:38 AM Agree 0
According to court documents, employees at the bank knew about, and even joked about, some borrowers' inability to pay on their mortgages.
  • Cheryl M | | 09 Jan 2015, 10:27 AM Agree 0
    Finally, the truth. Some New Century employees/exec. did jail time and escorted by the FBI....Morgan Stanley exec should too!!
  • Lisa M | | 09 Jan 2015, 02:11 PM Agree 0
    Shocker!! Not. Gee, isn't that why the bill is called the "Dodd-Frank WALL STREET REFORM and Consumer Protection Act" anyway? Haven't seen much affecting Wall Street yet.
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