New York Law Journal...over cases against U.S. banks arising out of foreign banking transactions. BofA had argued that the act applied because a handful of the mortgages...
...to protect homeowners against foreclosures. He attributed 129 of the instances to BofA and announced his intention to sue both banks. In response...
...in the New York Civil Liberties Union. SocGen's and BofA's settlements came just over two months after Manhattan Supreme Court Justice...
...between the two parties. In addition to the cash payment, BofA will issue MBIA warrants to purchase about five percent of its stock...
...insured by MBIA. MBIA alleges that Countrywide, which was later acquired by BofA, misrepresented the riskiness of the securitizations. MBIA scored an important...
...from state to federal court, though it left open the possibility that BofA could remove the case on other grounds. Judge Pierre Leval...
...action brought by mortgage-backed securities investors, eclipsing a $315 million deal BofA subsidiary Merrill Lynch reached in December 2011. Investors first sued...
Bond insurer MBIA Inc., which nearly went broke insuring mortgage-backed securities underwritten by Countrywide Financial Corporation, scored a victory on April 2 in its effort to wrest back $1.4 bil
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