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Goldman Seizes Homes as Securities Sour

Just getting them to admit they hold your mortgage can be an ordeal

By Caroline Miller, Newser Staff

Posted Nov 2, 2009 8:21 AM CST

(Newser) – Imagine finding yourself in a foreclosure battle and discovering that your opponent isn't the obscure lender who wrote your insane mortgage, but the formidable Goldman Sachs. It seems that after years of buying subprime mortgages and packaging them into bonds, at a handsome profit, Goldman... Read full story »

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Goldman Seizes Homes as Securities Sour

Just getting them to admit they hold your mortgage can be an ordeal

housing market • Goldman Sachs • subprime mortgages • Henry Paulson • subprime crisis • mortgage defaults • foreclosures

MOST POPULAR STORIES

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More Newser Stories

Watchdog: Feds Need to Expand Foreclosure Plan

$50B plan proving ineffective as more mortgage holders lose their jobs

Foreclosure Crisis Wallops Minority Neighborhoods

Lenders accused of 'redlining' black neighborhoods for subprime loans

Targeted in Bubble, Latinos Now Face Foreclosure Flood

Push to get subprime, other risky mortgages to Hispanic community backfires

FDIC Pushes Plan to Ease Mortgage Payments

Bush camp opposes using bailout funds

Paulson Raps Mortgage Rescue Plans

Says taxpayers shouldn't finance 'bailouts' for reckless lenders and borrowers

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