Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Monday, April 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

Another $60 Million In Mortgage Problems

DALLAS (CN) - The Lone Star Fund claims Barclays Bank defrauded it in orchestrating the sale of $60 million of mortgage pass-through certificates: securities backed by pools of residential mortgage loans. Among other things, Barclays allegedly lied about the collateral, stating that none of the loans were delinquent. See complaint in Dallas County Court.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.