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Loan Modification

: Mortgage Lender Implode-o-Meter

Goldman?s Caveat Emptor Defense Mirrors UBS, Merrill

By Implode-Explode Heavy Industries

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"- Goldman Sachs Group Inc. has signaled it will fight a U.S. lawsuit over subprime mortgage instruments the same way Bank of America Corp.?sMerrill Lynch unit and UBS AG have challenged similar claims -- by invoking the concept of caveat emptor: Latin for buyer beware."

Full post as published by Mortgage Lender Implode-o-Meter on April 21, 2010 (boomark / email).

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