Bank of America, Citigroup and Wells Fargo are among U.S. banks that said in Friday regulatory filings they may incur costs defending lawsuits from investors in their mortgage-backed securities.
Continue reading Banks Warn of Possible Costs From Mortgage-Investor Lawsuits
Banks Warn of Possible Costs From Mortgage-Investor Lawsuits originally appeared on DailyFinance on Fri, 05 Nov 2010 17:18:00.
Filed Under: Company News, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Real Estate