Potential Jurors Unfriendly to Mortgage Lenders?
As reported by Peter Page in the National Law Journal (subscription required), a survey completed earlier this month of adults eligible for jury service found that potential jurors overwhelmingly held...
View ArticleThe Government Giveth and It Taketh Away: The Significance of the Game...
It is no stretch to say that Friday, September 2 was the most significant day for mortgage crisis litigation since the onset of the crisis in 2007. That Friday, the Federal Housing Finance Agency...
View ArticleThe Top 5 RMBS Cases to Watch this Summer: No. 1 – MBIA v. Countrywide, BofA
After a week-long build-up (I’m sure the suspense is killing you), we’ve reached the No. 1 case in our countdown of RMBS Cases to Watch this Summer. You may wish to catch up with parts I, II, III, and...
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 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 ArticleBREAKING NEWS: Article 77 Hearing Postponed, Bill Frey Subpoenaed by AIG
I wanted to publish a quick update to yesterday’s article breaking down the challenges BofA will face to its $8.5 billion mortgage rep and warranty settlement. Sources have informed me that the May 30...
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