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The Bank of New York Mellon v. WMC Mortgage, LLC et al
Case Number:
1:12-cv-07096
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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July 31, 2015
GE Mortgage Can't Escape BNY Mellon's $900M RMBS Suit
A Manhattan federal judge has denied General Electric Mortgage Holding LLC’s bid to exit Bank of New York Mellon’s suit accusing it and another mortgage company of falsely representing a $900 million mortgage-backed security trust with poor performance.
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July 10, 2015
GE Mortgage Trims $900M BNY Mellon Trustee Suit
A Manhattan federal judge on Thursday cut trustee Bank of New York Mellon's indemnification and loan-repurchase claims from its suit against General Electric Mortgage Holding LLC tied to a $900 million mortgage-backed security that performed badly, leaving breach-of-contract claims alive in the litigation.
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January 15, 2014
GE Can't Dodge BNY Mellon Suit Over $900M MBS Trust
Bank of New York Mellon can sue General Electric Mortgage Holding LLC to repurchase loans that originated with a GE subsidiary, a New York federal judge ruled Tuesday, saying both entities are responsible for the quality of loans in the $900 million mortgage-backed security.