Goldman Sachs accused of subprime fraud

The Securities and Exchange Commission have charged Goldman, Sachs & Co. for:

"Defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages as the U.S. housing market was beginning to falter..."

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Mortgage transactions at their highest since 2008

According to The Mortgage Trading Exchange (mte):

"The number of weekly mortgage transactions have reached their highest recorded figure since October 2008..."

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