The Nigeria Deposit Insurance Corporation has expressed its readiness to grant financial assistance to deserving Primary Mortgage Institutions and microfinance banks as part of its efforts at repositioning them for better performance in the financial services system. A statement by the corporation on Wednesday quoted the Managing Director, NDIC, Mr. […]
Tag: Mortgage
Goldman mortgage appeal rejected by Supreme Court
Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis. Without comment, the court refused to consider Goldman’s appeal of a September […]
Exclusive: Credit Suisse faces U.S. probe into mortgage products
The U.S. Attorney’s Office in New Jersey is investigating Credit Suisse AG over mortgage-backed securities packaged and sold by the bank, according to people familiar with the matter. U.S. Attorney’s Offices in other districts are focusing on other banks in related investigations, said the people, who were not authorized to […]
