Investor Files Suit Against Sallie Mae
Investor Robert Burch filed a class action suit against Sallie Mae on Thursday, accusing the company of misleading investors about the company’s subprime mortgage exposure.
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Investor Robert Burch filed a class action suit against Sallie Mae on Thursday, accusing the company of misleading investors about the company’s subprime mortgage exposure.
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Florida Attorney General subpoenaed Countrywide Financial today as a part of a widening investigation into subprime lending practices.
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Today at the Consumer Bankers Association Fair Lending Conference in Washington, DC, Randall Kroszner discussed the challenges subprime borrowers face into 2008.
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