Help Keep The Subprime Shakeout Ad-Free!
Blog Archives
Blog Topics
Enter your Email Address
Popular Posts
- Breaking News: BofA Close to Reaching $8.5 bn Settlement with BlackRock, PIMCO (100th Post)
- Mortgage Lit Roundup: Five Signs That Plaintiffs Are Winning the RMBS War
- Investor Syndicate At Hundreds of Billions And Growing
- The Government Giveth and It Taketh Away: The Significance of the Game Changing FHFA Lawsuits
- The Top 5 RMBS Cases to Watch this Summer: No. 5 – Syncora v. EMC
- Who’s Watching the Watchmen? RMBS Trustees Come Under Fire as Investors Launch Next Wave of Lawsuits
- Top Five Reasons that MBS Lawsuits Are Just Beginning
- FDIC Sues LPS and CoreLogic Over Appraisal Fraud; Shows Investors Leaving Money on the Table
- Monoline End Games: String of Legal Wins Will Snowball Until Settlement
- $8.5 Billion BofA Settlement of Countrywide Trusts Raises Questions for Investors on Sidelines
Cloud of Recent Tags
allocation of loss appeals Attorneys General Bank of New York banks BofA bondholder actions causes of the crisis Complaints conflicts of interest contract rights costs of the crisis Countrywide damages global settlement Greenwich Financial Services incentives investors irresponsible lending Judicial Opinions lawsuits lenders liabilities litigation loan files loan modifications loss causation MBIA MBS misrespresentation monoline actions pooling agreements private label MBS putbacks rep and warranty repurchase RMBS securities securitization servicers settlements subprime Trustees underwriting practices William Frey-
Blogroll
- ZeroHedge
Close preview
Loading... - WSJ.com: Law Blog - WSJ.com
Close preview
Loading... - The Volokh Conspiracy
Close preview
Loading... - The D&O Diary
Close preview
Loading... - The Big Picture
Close preview
Loading... - The Becker-Posner Blog
Close preview
Loading... - The Baseline Scenario
Close preview
Loading... - On the Case
Close preview
Loading... - Naked Capitalism
Close preview
Loading... - Fire Dog Lake
Close preview
Loading... - Credit Slips
Close preview
Loading... - Calculated Risk
Close preview
Loading...
- ZeroHedge
Category Archives: class actions
RMBS Legal Roundup: The Top Five Developments You Might Have Missed While Obsessing Over the BoNY/BofA Settlement
With interesting developments occurring almost daily in the proposed Bofa/Countrywide settlement with Bank of New York, it has been hard to focus on anything else. Indeed, since the last time I posted on the settlement (discussing New York AG Eric … Continue reading
Posted in AIG, Attorneys General, Bank of New York, banks, BofA, bondholder actions, CDOs, class actions, Complaints, contract rights, costs of the crisis, Credit Unions, damages, Deutsche Bank, Fannie Mae, FHFA, Freddie Mac, global settlement, Goldman Sachs, investigations, investors, JPMorgan, lawsuits, litigation, loss causation, MBS, misrespresentation, mortgage market, motions to dismiss, NCUA, Paulson and Co., private label MBS, probes, procedural hurdles, research, reserve reporting, responsibility, RMBS, SEC, securities fraud, securitization, settlements, sophistication, standing, subpoenas, subprime, too big to fail, Treasury, Trustees, Uncategorized, Wall St.
2 Comments
MBS Lawsuit Drivers Part II: Two More Reasons Why MBS Cases Should Jump in 2011
by Josh Silverman, guest blogger Mortgage-backed securities (“MBS”) litigation should expand this year, as Isaac Gradman correctly pointed out on The Subprime Shakeout in his Top 5 Reasons That MBS Lawsuits Are Just Beginning. The sheer number of lawsuits continues … Continue reading
Posted in Allstate, banks, bondholder actions, class actions, Countrywide, Federal Home Loan Banks, guest posts, IndyMac, lawsuits, litigation, MBS, mortgage fraud, private label MBS, securities, securities fraud, statutes of limitations
Tagged class actions, MBS litigation trends, statutes of limitations
Leave a comment
New Class Action Targets Former AIG CEO Cassano
Courthouse News Service reports that a new shareholders derivative complaint has been filed in the Chancery Court in Delaware against former American International Group Financial Products (AIG-FG) CEO and president Joseph Cassano for allegedly driving AIG to ruin by losing … Continue reading
Countrywide Attorney Sends Letter to Greenwich Financial’s Counsel Urging Hedge Fund to Withdraw Lawsuit
In a peculiar turn of events, Countrywide Financial has attempted to address the recently-filed lawsuit against it by Greenwich Financial Services with an age-old strategy of conflict resolution: just ask nicely. As reported by Reuters, Countrywide attorney John Beisner, from … Continue reading