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Tag: mortgage fraud

UBS to Pay $1.44 Billion to Settle 2007 Financial Crisis-Era Mortgage Fraud Case

UBS financial settlement

UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the housing bubble of the early 2000s, which ultimately led to the 2008 financial crisis and Great Recession.

Published August 15, 2023
Categorized as Show on Homepage Tagged financial crisis, housing bubble, mortgage fraud, UBS settlement
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