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A warning to financial institutions: failure to issue a litigation hold may have serious consequences
- Frost Brown Todd LLC
- -
- USA
- -
- May 3 2013
As electronic discovery has become more prevalent and voluminous, national standards for the preservation of evidence have evolved dramatically in
Equitable tolling allowed in alleged scheme reinsuring private mortgage insurance
- Jorden Burt LLP
- -
- USA
- -
- May 13 2013
Plaintiff homeowners filed a putative class against Bank of America Corp. ("BOA"), Bank of America Reinsurance Corp. ("BOARC") and three primary
New York appellate court reinstates fraudulent inducement claim against Goldman and M&T Bank
- Orrick Herrington & Sutcliffe LLP
- -
- USA
- -
- May 13 2013
On May 7, New York's First Department appellate court reinstated CIFG Assurance North America, Inc.'s fraud claim against Goldman Sachs & Co. and M&T
Court issues summary judgment ruling in MBIA’s RMBS action against Countrywide
- Orrick Herrington & Sutcliffe LLP
- -
- USA
- -
- May 6 2013
On April 29, Justice Eileen Bransten of the New York State Supreme Court issued an opinion granting in part and denying in part competing motions for
Assured and UBS agree to settle RMBS litigation for $358 million
- Orrick Herrington & Sutcliffe LLP
- -
- USA
- -
- May 13 2013
On May 6, monoline insurer Assured Guaranty Ltd. announced a $358 million settlement with UBS and its affiliates stemming from losses on residential
Vital relationships - improving vendor management and oversight
- Vorys Sater Seymour and Pease LLP
- -
- USA
- -
- August 21 2012
Financial institutions increasingly look to vendor relationships, including all types of third-party relationships with service providers, as a way to gain a competitive advantage
Federal Housing Finance Agency proposes new rules on lender-placed insurance
- Pillsbury Winthrop Shaw Pittman LLP
- -
- USA
- -
- May 16 2013
On March 29, the Federal Housing Finance Agency (FHFA) proposed consideration of new regulation on lender-placed insurance. The FHFA specifically
Title insurance and foreclosure: What type of title coverage do lenders need in connection with a foreclosure in California?
- Seyfarth Shaw LLP
- -
- USA
- -
- June 7 2011
With mortgage defaults on the rise, a growing number of lenders are being forced to foreclose on their collateral, either judicially or non-judicially, exercising the private power of sale
CFPB mortgage-servicing regulations will impact lender-placed insurance
- Jorden Burt LLP
- -
- USA
- -
- April 12 2013
Under Dodd-Frank, the Consumer Financial Protection Bureau ("CFPB") is authorized to issue regulations that cover the servicing of consumer mortgage
Wells Fargo v. Commonwealth: the death knell for equitable subrogation?
- Frost Brown Todd LLC
- -
- USA
- -
- June 26 2011
Lenders, title insurance companies and their agents should be aware that on April 21, 2011, the Supreme Court of Kentucky issued a decision that could have a significant effect on Kentucky courts’ application of the doctrine of equitable subrogation in Kentucky
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