ATTORNEY GENERAL MARTHA COAKLEY TO ANNOUNCE $102 MILLION SETTLEMENT

ATTORNEY GENERAL MARTHA COAKLEY TO ANNOUNCE $102 MILLION SETTLEMENT WITH LARGE NATIONAL INVESTMENT BANK

Attorney General Martha Coakley’s Office will hold a press conference today to announce a $102 million settlement with a large national investment bank resolving allegations that it financed and securitized unfair residential loans that contributed to the housing crash in Massachusetts.

This settlement is part of an ongoing investigation by Attorney General Coakley’s Office into the securitization of subprime loans. Last year, the Attorney General reached a similar agreement LINK with Goldman Sachs.

TODAY
June 24, 2010 at 1:00 p.m. at One Ashburton Place, 20th Floor, Boston, MA 02118

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s