New York Attorney General Eric Schneiderman has filed a suit against Bank of America, JP Morgan Chase and Wells Fargo over their...
When the bubble burst on the housing market, it triggered a chain reaction in part because of mortgage backed securities issued as...
Thacher Proffitt & Wood, the 160-year-old New York-based law firm, will close forever. Â The subprime crisis slashed demand for its structured-finance practice,...
The number of subprime-related court filings has reached an unprecedented level and is expected to continue skyrocketing as economic conditions worsen, according...