Royal Bank of Scotland
Edinburgh, United Kingdom
Royal Bank of Scotland News
SACRAMENTO, Calif. (Legal Newsline) — California Attorney General Xavier Becerra announced Dec. 22 the Royal Bank of Scotland (RBS), a financial conglomerate with holdings throughout the world, will pay $125 million after allegations of misrepresentations about residential mortgage-backed securities sold to CalPERS and CalSTRS, the state’s public employee and teacher pension funds.
Coakley BOSTON (Legal Newsline) - Massachusetts Attorney General Martha Coakley announced the distribution on Friday of $1.75 million worth of payments from Sand Canyon, an H&R Block Inc. subsidiary, as part of a settlement to resolve discriminatory lending allegations.
Coakley BOSTON (Legal Newsline) - Massachusetts Attorney General Martha Coakley announced on Friday that she has sent a letter urging Fannie Mae and Freddie Mac to engage in principal forgiveness and loan modifications for homeowners.
Coakley BOSTON (Legal Newsline) - Massachusetts Attorney General Martha Coakley announced a $52 million settlement on Monday with RBS Financial Products Inc. to settle allegations that it financed, purchased and securitized presumptively unfair residential loans.
Masto WASHINGTON (Legal Newsline) - The Federal Housing Finance Authority on Friday filed lawsuits against 17 financial institutions to recover losses to Fannie Mae and Freddie Mac.