Thursday, June 2, 2016

FDIC wins $190M settlement for toxic Countrywide #mortgage bonds

The ghosts of Countrywide past just struck again, as the Federal Deposit Insurance Corporation announced Thursday that eight major financial institutions will pay $190 million total to settle a series of lawsuits tied to toxic Countrywide #mortgage bonds that subsequently led to the failure of five banks during the housing crisis. Click the headline to read more. http://www.housingwire.com/articles/37173-fdic-wins-190m-settlement-for-toxic-countrywide-mortgage-bonds ❤️ #share #mortgage



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