UCONN Home Mortgage Litigation
 
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The Wall Street Journal is also reporting that the SEC is about to launch some securities litigation against major banks. I would avoid – like the plague — any business that flaunts these rules because the legal counsel you are getting is almost certainly going to be poor. Barnum sagely observed, there are a lot of people who fail to appreciate a scam when they see one.

Adjust that for inflation, and the disparity is even bigger. Information on other NCLC litigation can be found here.

Assets were sold Mar.2009 to One West Bank. This settlement has not only revealed the residential mortgage market to be too big to fail, but puts it on long term, perhaps permanent, government life support.

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