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"… $28 million settlement with Bear Stearns Cos., LLC and its subsidiary, EMC Mortgage Corp. in 2008.For Countrywide, though, the sum is a relative drop in the b …"
"… he same risks that Wall Street’s Mortgage-backed securities machine did. Mortgages financed by Wall Street from 2001 to 2008 were 4½ times more likely to b …"
"… eading this charge is just absurd,” says Guy Cecala, publisher of Inside Mortgage Finance, an authoritative trade publication. “Fannie and Freddie have al …"
"… Critics of the primer counter that Countrywide Financial Corp., Ameriquest Mortgage, and other aggressive lenders made dicey Mortgages not because of governme …"
"… et securities underpinned by subprime and Alt-A loans, according to Inside Mortgage Finance.That’s a big chunk, but still not enough to make the case that F …"
"… ities, which were underpinned by home loans from subprime giant Ameriquest Mortgage, were, quite simply, “crap.”For U.S. Senate investigators, the email i …"
"… Citigroup acquired its loan-servicing unit and its sister company, Argent Mortgage.Ameriquest wasn’t the only lender with a questionable pedigree that Deut …"
"… acked securities. In 2003, Washington Mutual halted the sale of Long Beach Mortgage loans to Wall Street in 2003 and sent in a legal team for three months to try t …"