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News & Analysis > Bear Stearns

Bear Stearns asked for Data in Subprime Lending Probe

January 3, 2006
 
January 3, 2006
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By Chris Sanders, Reuters

Bear Stearns Cos. said on Friday that a federal regulator asked its EMC Mortgage Corp. unit to provide documents in connection with an investigation into sub prime lending.

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The Federal Trade Commission sent a civil investigative demand — similar to a subpoena — seeking documents and data relating to EMC's business practices, Bear Stearns said in a regulatory filing.

For this complete story, please visit Bear Stearns asked for Data in Subprime Lending Probe.

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