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RBS to pay $275m to settle mortgage bond claims

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Mortgage Professional America | 20 Feb 2014, 12:12 AM Agree 0
Royal Bank of Scotland is ponying up $275 million to settle with investors who sued over shoddy mortgage-backed securities
  • Mike Diffe | | 20 Feb 2014, 11:56 AM Agree 0
    Where is all of this settlement money going?
  • Francine | | 20 Feb 2014, 02:47 PM Agree 0
    I was thinking the same thing. Billions from Chase alone - and nobody indicted? Maybe they're only "virtual" fines? Sort of like bitcoins?
  • Francine | | 20 Feb 2014, 03:06 PM Agree 0
    Seriously?
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