We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 51

Court denies in part motions to dismiss FHFA's claims against countrywide and various underwriters

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • April 2 2013

On March 15, Judge Mariana Pfaelzer of the United States District Court for the Central District of California denied in part motions to dismiss

What matters: A review of 2011 and 2012

  • Kramer Levin Naftalis & Frankel LLP
  • -
  • USA
  • -
  • April 1 2013

As you know, the last two years have seen a somewhat improved, but by no means robust, business climate. At the same time, structural shifts in the

The Consumer Financial Protection Bureau defines “qualified mortgage” for residential loans what implications will this definition have for RMBS “put-back” litigation?

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 12 2013

The Consumer Financial Protection Bureau (the "CFPB") has amended Regulation Z with respect to the Truth in Lending Act, which regulates a lender's

Investor files suit against Nationstar over mortgage auctions

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • March 11 2013

On March 7, KIRP, LLC sued Texas-based mortgage servicer Nationstar Mortgage LLC in the Supreme Court of the State of New York in connection with

Washington state court strikes jury demands in RMBS case

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • March 11 2013

On March 7, Judge Laura Inveen of the King County Superior Court in Washington State granted the motion to strike jury demands filed by defendants in

FDIC files three RMBS lawsuits as receiver for a Texas bank

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • August 27 2012

On August 17, the FDIC, in its capacity as receiver for Texas-based Guaranty Bank, filed three actions in Texas state court arising out of the bank’s alleged investments in 36 RMBS certificates totaling $5.4 billion in face value

Court limits Assured Guaranty’s claims against UBS

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • August 27 2012

On August 15, Judge Harold Baer, Jr. of the federal district court for the Southern District of New York granted in part and denied in part UBS’s motion to dismiss claims asserted by Assured Guaranty Municipal Corporation in connection with three RMBS securitizations insured by Assured Guaranty

Court dismisses occupancy status claims against countrywide

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • August 27 2012

On August 17, Judge Mariana R. Pfaelzer of the United States District Court for the Central District of California granted in part and denied in part the motion of Countrywide and Bank of America to dismiss an action brought by MassMutual in connection with its alleged purchase of RMBS

Court certifies RMBS investor class in IndyMac RMBS suit

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • August 27 2012

On August 17, Judge Lewis A. Kaplan of the United States District Court for the Southern District of New York certified a class of investors in an action brought by lead plaintiffs Wyoming State Treasurer and Wyoming Retirement System against several financial institutions in connection with RMBS issued by IndyMac

When non-recourse isn’t really non-recourse at all: the Cherryland decision full recourse enforcement of a non-recourse loan

  • Lowenstein Sandler PC
  • -
  • USA
  • -
  • July 2 2012

The Michigan Court of Appeals recently decided a case that has garnered the attention of lenders, real estate owners, and developers nationwide