SERVICES YOU NEED Somebody get me the complaint so I can post it here. Editor’s Note: AMBAC is one of the insurers of loan portfolios, like AIG. The insurance paid off when the Master Servicer declared the portfolio had “failed,” based upon standards that were set by the Master Servicer and Underwriter. The insurer had [...]
Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: AIG, Ambac Financial Group Inc., Bank of America, BOA, fraud, insurable interest, insurance, Jonathen Stempel, Peter Tomlinson, Reuters | 24 Comments »
