
UBS to pay $1.4 billion for fraud in mortgage-backed securities
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
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National story. 11 articles from 9 sources. 8 are on the bar; 1 is an international, entertainment or tech outlet, listed separately. Updated Aug 14, 2023.
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3 sourcesUBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases
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5 sourcesUBS to pay $1.4 billion over fraud in residential mortgage-backed securities
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession - Boston News, Weather, Sports
UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
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1 articleUBS to pay $1.43bn in penalties over mortgage fraud prior to 2008 crisis
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