Supply Chain Council of European Union | Scceu.org
Operations

Ambac Rips Countrywide RMBS ‘Factory’ As $2.7B Trial Starts

By Rachel Scharf · September 7, 2022, 8:03 PM EDT

Countrywide Home Loans Inc. put Ambac Assurance Corp. on the hook for $2.7 billion by secretly churning out shoddy residential mortgage-backed securities in the “worst of the worst” of pre-2008 loan…

To view the full article, register now.

Related posts

Bloomington factory to close, 139 jobs lost

scceu

(2020-2026) Smart Factory Market Is Booming Worldwide| Global Industry Size, Growth, Segments, Revenue, Manufacturers – Scientect

scceu

LG-Magna joint venture breaks ground for first factory in Mexico

scceu