Beal Unit Eyes RMBS Lawsuits Against Banks
Beal Bank USA unit CXA has invited investors in the same residential mortgage-backed securities as it has to join in investigating whether issuers of the RMBS may have approved the securities without following their own underwriting guidelines, with an eye toward suing the banks to recover losses.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: