AGM Claims Cut In $82M Flagstar MBS Coverage Fight
U.S. District Judge Jed Rakoff cut two claims for reimbursement and indemnification from a four-count complaint against Flagstar and its subsidiaries, partially granting and partially denying Flagstar’s motion to dismiss the case.
AGM is accusing Flagstar of lying about the origination and underwriting of thousands of defective home equity loans grouped...
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