Tuesday, December 29, 2015

Another MBS Lawsuit; Bank M&A Continues; Trends in Multi-Family Market

Posted To: Pipeline Press

Are you reading this while figuring out what you're going to do New Year's Eve? The latest research studies find it is nearly impossible for our brains, given the way they are designed, to handle 2 tasks at the same time. Doing so increases the error rate by up to 50% and doubles the length of time needed to complete the task. But that doesn't apply to me, since I regularly simultaneously talk on the phone, listen to the radio, take notes while driving & steer with my knees. Of course anyone can sue anyone else at practically any time. Harking back to a root cause of the 2008 global financial meltdown, Commerzbank has filed a lawsuit against four US banks charging negligence over toxic mortgage-backed securities. The German lender maintains that Bank of New York Mellon and units of Deutsche...(read more)
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from Mortgage News Daily http://ift.tt/1NOpvwU

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