The mortgage bonds will be backed by $161.7 million in mortgages, from borrowers who have lower credit scores on average than prime borrowers
Rising interest from borrowers leads to the first RMBS rated by agency since 2008
1,000 employees, 48 states and 80 branches are all being ‘wound down'
Three former traders have pleaded not guilty to charges of misleading investors by lying about mortgage bond prices
Billionaire John Grayken’s company is raising money to buy bonds mostly backed by borrowers with troubled credit histories
JPMorgan has been ordered to pay millions of dollars in damages over an MBS deal to one of the richest men in the world