Mortgage-Backed Securities
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UBS ups reserves for U.S. mortgage case, forecasts tough markets
EghtesadOnline: UBS increased reserves for penalties tied to mis-selling residential mortgage-backed securities (RMBS) by more than $400 million to $1.405 billion as it posted an 11 percent rise…
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Deutsche Bank races against time to reach U.S. settlement
EghtesadOnline: Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling…
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RBS to pay $1.1 billion to resolve U.S. regulator's mortgage cases
EghtesadOnline: Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U.S. National Credit…
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Deutsche Bank to fight $14 billion demand from U.S. authorities
EghtesadOnline: Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions…
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Unique Features of Iran’s Mortgage-Backed Securities
EghtesadOnline: To revamp the financial sector Iran’s capital market regulator aims to develop a vibrant market for mortgage-backed securities (MBS) to stimulate the debt market and spur the…