Tuesday, July 26, 2016

Barclays triumphs in toxic #mortgage bond row with U.S. Bank, FHFA

Barclays Bank and a defunct subprime lending unit of the company are off the hook for allegedly misrepresenting the quality of the #mortgages that made up a $619 million #mortgage bond after the Supreme Court of the state of New York ruled that U.S. Bank and the Federal Housing Finance Agency waited too long to file a lawsuit against Barclays. http://www.housingwire.com/articles/37626-barclays-triumphs-in-toxic-mortgage-bond-row-with-us-bank-fhfa ❤️ #share #mortgage



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