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UBS in $300 Million Settlement Over Credit Suisse RMBS Case

UBS in $300 Million Settlement Over Credit Suisse RMBS Case

by Phil Hall | Aug 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

UBS (NYSE: UBS) has agreed to a $300 million settlement with the Department of Justice that will settle the legacy Credit Suisse case regarding the improper sales of residential mortgage-backed securities (RMBS) prior to the 2008 financial crisis. The...
Hits and Misses for the Real Estate Week of Aug. 5-9

Hits and Misses for the Real Estate Week of Aug. 5-9

by Phil Hall | Aug 9, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

An office building that sold at a tremendous loss, a community of 3D printed homes and Gavin Newsom cleaning up Los Angeles. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 5-9. Miss: Who Wants to Buy a Cheap Office...
UBS in $1.4 Billion Settlement Over RMBS Fraud Charges

UBS in $1.4 Billion Settlement Over RMBS Fraud Charges

by Phil Hall | Aug 14, 2023 | Mortgage Information, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

UBS AG (NYSE:UBS) and several of its U.S.-based affiliates agreed to a $1.4 billion settlement to resolve a civil action filed in November 2018 related to the Swiss-headquartered bank’s underwriting and issuance of residential mortgage-backed securities (RMBS) issued...
Jason Lewis Named Managing Director and Portfolio Manager at Pretium

Jason Lewis Named Managing Director and Portfolio Manager at Pretium

by Phil Hall | Jul 10, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Pretium, a New York City-based specialized investment firm focused on U.S. residential real estate, residential credit and corporate credit, has hired Jason Lewis as a managing director and portfolio manager on its real estate team, focused on the performance and...

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