Judge Shuts Down Investors' Bid For BofA Docs

Law360, New York (August 23, 2012, 7:18 PM EDT) -- A New York state judge on Thursday chided challengers to Bank of America Corp.'s proposed $8.5 billion mortgage-backed securities settlement who are seeking access to bank documents in another case brought by MBIA Inc., scolding them for writing letters in a case they're not a party to.

Judge Judge Eileen Bransten, presiding over a case in which MBIA has accused BofA of making its Countrywide Financial Corp. mortgage-backed securities look more creditworthy than they were to induce MBIA into insuring them, said she would not consider...
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