For example, according to a June 2006 internal Bear Stearns email, almost 60% of AHM loans that were purchased through the conduit were 30 or more days delinquent. After learning this information, Defendants went on to issue over 30 subprime and Alt-A securitizations that included AHM loans. ...
Tuesday, October 2, 2012
Bear Stearns E-Mails: Executive Calls Mortgage Bonds "Dog," "Shit Breather," "Sack Of Shit" #p2 #tcot
Posted by MAG at 3:09 PM