Goldman Sachs must investigate questionable lending and foreclosure practices in its mortgage unit, Fed says.

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Goldman Sachs must investigate questionable lending and foreclosure practices in its mortgage unit, Fed says.

Goldman Sachs must investigate questionable lending and foreclosure practices in its mortgage unit, Fed says.

They can start here:

Deposition Transcript of Litton Loan Servicing Litigation Manager Christopher Spradling

CNN-

NEW YORK (CNNMoney) — The Federal Reserve issued an enforcement action Thursday against Goldman Sachs, saying the investment bank must investigate questionable lending and foreclosure practices in its mortgage unit.

The action orders Goldman to hire an independent consultant to investigate foreclosure proceedings by Litton Loan Servicing between 2009 and 2010.

[CNN]

[ipaper docId=63786308 access_key=key-2ay6x0jf7uqjsxrfoqrf height=600 width=600 /]

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