Deutsche Bank & BNP Paribas vs. BofA; Dubai’s woes helping our rates; Fannie & FHA chatter
An uncle once told me, “I’ve had bad luck with both my wives. The first one left me. And the second one didn’t.” In a story from Reuters,both Deutsche Bank and France’s BNP Paribas SA separately sued Bank of America last Wednesday, “claiming that the largest U.S. bank breached its obligations on a total of more than $1.7 billion of mortgage-related transactions.” Both lawsuits relate to Ocala Funding LLC, a …
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