Mortgage fraud

  • October 2, 2012  

    In other news Tuesday, New York Attorney General Eric Schneiderman filed a major mortgage lawsuit against JPMorgan Chase, claiming that former rival Bear Stearns — which JPMorgan bought in 2008 — misled the investors who bought and lost sub-prime mortgage loan securities in 2006 and 2007 after the company collapsed. Continue reading

  • August 12, 2011  

    Wall Street staged a relatively calm rally Friday after a week of dizzying dives and sharp surges. The Dow Jones industrial average gained 125 points on the day but it lost 1.5 percent for the week and the NASDAQ lost 1 percent. Judy Woodruff reports on one of the market’s wildest spells since the meltdown of 2008. Continue reading