Wednesday, May 15, 2024 | The Latest Buzz for the Appraisal Industry

Nomura Found Liable For Selling Toxic Mortgage-Backed Securities to GSEs

By Brian Honea

The nearly two-month long court battle between the Federal Housing Finance Agency (FHFA) and Nomura Holdings came to an end Monday when a federal judge found the bank liable for selling shoddy mortgages to Fannie Mae and Freddie Mac prior to the 2008 financial crisis.

The post Nomura Found Liable For Selling Toxic Mortgage-Backed Securities to GSEs appeared first on theMReport.com.

Via:: Nomura Found Liable For Selling Toxic Mortgage-Backed Securities to GSEs

      

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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