Posts tagged as:

Attorney General Madigan

Countrywide Accused of Selling Defective Loans

by Moe Bedard

One of my long standing points of view on the mortgage and housing crisis is that, these creative loans that were invented, sold and sliced and diced over the last 3-5 years were incredibly unfair and deceptive. Defective credit instruments that were made to fail and are essentially “lemon loans.”
It looks like the Illinois Attorney [...]

1 comment Read the full article →