Real Estate Mortgage Online

Random Feed wrote an interesting post today on
Here’s a quick excerpt
NEW YORK, April 8 A former Citigroup Inc senior underwriter warned senior managers including Robert Rubin that the bank was selling problem loans to investors as the mortgage market peaked and deflated, the executive testified. Richard Bowen, a former business chief underwriter for Citigroup, said today that he warned the banks senior executives of problems with most of the prime mortgages it …

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