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Some eligible customers of Toronto Dominion Bank could get paid a portion of a $15.9-million class-action settlement agreement if it gets approved next month.
Means and put them in the highest cost loan possible. because those paid the most f s fees. >> banks didn't have to care anymore about whether the loan got paid back because. the loan had been sold to wall street. >> instead of eep keeping the loans in their own portfolios, the big banks and giant mortgage companies that originally underwrote them sold them off to investment houses. >> firms like merle lynch sliced the loins into little pieces, package them up with investments and sold them to their best customers around the world as high yield mortgage backed securities. turning it into. silk...