Home \ Keywords \ mortgages

You are here

mortgages

Nomura, RBS 'crap' emails come into play in $1 billion mortgage bond trial

NEW YORK (Reuters) - In 2007, a Royal Bank of Scotland Group Plc employee emailed his boss with his view of a sample of mortgages underlying a bond that the bank was underwriting: "This one is crap."

***

Read the full Reuters story by Nate Raymond here.

Pages