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View Full Version : Syncora Guarantee Claims Fraud by EMC in Mortgage-Backed Securities Suit - Bloomberg



FraudNews
02-15-2012, 04:31 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHcHforhzNRR99IKCpb8c am3TLFXwamp;url=http://www.bloomberg.com/news/2012-02-15/syncora-guarantee-claims-fraud-by-emc-in-mortgage-backed-securities-suit.htmlbSyncora Guarantee Claims bFraud/b by EMC in Mortgage-Backed Securities Suit/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1s EMC Mortgage unit over mortgage-backed securities, alleging bfraud/b and breach of contract in a lawsuit filed in New York state court. The suit was brought in connection with a transaction known as SACO I Trust 2006-1, which involved the securitization b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=ds7esF3lVIR9HaMnobrb/b/nobr/a/font/div/font/td/tr/table

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