Federal Judge Refuses to Narrow Mortgage Putback Claims, Paving Way for...
It has been just over a month since I published my series on the Top 5 RMBS Cases to Watch this Summer. In case you missed it, here’s a quick recap of my top five cases: No. 5 – Syncora … Continue...
View ArticleMonoline End Games: String of Legal Wins Will Snowball Until Settlement
Last week, I wrote about a few developments that should boost RMBS litigation recoveries, especially for bond insurers – Judge Crotty’s summary judgment decision in Syncora v. EMC (JPMorgan) and...
View ArticleInvestor End Games: All Is Not Well in the Garden
“As long as the roots are not severed, all is well. And all will be well in the garden.” - Chance the Gardener, Being There (1979) With Judge Barbara Kapnick announcing earlier this month that the...
View ArticleUpcoming Presentation: Trends in MBS Litigation
I am pleased to announce that I will be speaking in and presenting at an upcoming Strafford live phone/web seminar, “Mortgage-Backed Securities Litigation: Latest Developments” scheduled for tomorrow,...
View ArticleMortgage Lit Roundup: Five Signs That Plaintiffs Are Winning the RMBS War
A lot can happen in a few months. I’ve largely taken a break from blogging over the last quarter, as the demands of becoming a new father and joining a new law firm (see “Legal Practice” link in the...
View ArticleThe Bell Tolls for BofA
Memorial Day Weekend is always cause for some reflection, but as we draw closer to the May 30, 2013 merits hearing on Bank of America’s (BofA) proposed $8.5 billion settlement of Countrywide mortgage...
View ArticleObjectors’ Siren Song Enchants During Article 77 Proceeding
We are 20 days into the monumental bench trial over Bank of America’s proposed $8.5 billion settlement of Countrywide MBS claims, and with the proceedings now taking a break until September 9, we have...
View ArticleMotion to Exclude Frey Testimony from Article 77 Raises Eyebrows, Questions...
The backyard brawl between the AIG-led objecting investors on one hand and Bank of New York Mellon (BNYM) and the investors supporting BofA’s $8.5 billion settlement on the other is about to get even...
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