SEC Investigation- Mortgage Repurchases
Posted by kevin on September 29, 2011 under Foreclosure Blog | 
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This is a part of the game that the consumer does not see. The SEC is investigating Credit Suisse and RBS for misleading investors as to the number of bad loans that had to be repurchased (or should have been repurchased) by the originators for failure to live up to the warranties and representations made in the Pooling & Servicing Agreements (PSA) or other like documents.
