Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Judge Finds Nomura Liable For Selling Toxic Mortgage-Backed Securities To GSEs

By Brian Honea

The nearly two-month long court battle between the Federal Housing Finance Agency (FHFA) and Nomura Holdings came to an end Monday when a federal judge found the bank liable for selling shoddy mortgages to Fannie Mae and Freddie Mac prior to the 2008 financial crisis.

The post Judge Finds Nomura Liable For Selling Toxic Mortgage-Backed Securities To GSEs appeared first on DSNews.

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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