U.S. Sec Expands Mortgage Probe: Sources

Summary


EDITOR'S NOTE: This story has been updated throughout.

NEW YORK/WASHINGTON (Reuters) - U.S. securities regulators have broadened their inquiry into the mortgage industry, asking big banks about the early stages of securitizing home loans, two sources familiar with the probe said.

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U.S. Sec Expands Mortgage Probe: Sources

The Securities and Exchange Commission launched the new phase of its investigation by sending out a fresh round of subpoenas last week to big banks including ...

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