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new-mortgage

New mortgage crisis brewing: Bove

There's a new mortgage crisis brewing — only this one is completely different than the one in 2008, says bank analyst Dick Bove.

Goldman warns of federal lawsuit risk over mortgage bond sales

Goldman Sachs Group Inc said it could face a federal civil lawsuit after a government probe concluded that the bank had violated laws related to sale of residential mortgage-backed securities before the financial crisis. The bank said in a regulatory filing on Monday that it received a letter from the U.S. Attorney for the Eastern District of California in December in connection with the probe …