Stories tagged: subprime mortgages
FRIDAY, APRIL 16, 2010, 3:16 P.M.
SEC accuses Goldman Sachs of defrauding investors
The government on Friday accused Wall Street’s most powerful firm of fraud, saying Goldman Sachs & Co. sold mortgage investments without telling the buyers that the securities were crafted with …
THURSDAY, AUG. 20, 2009, 12:31 P.M.
Mortgage delinquencies hit record high in 2nd quarter
With the recession throwing thousands of people out of work daily, more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or are in …