August 10, 2012
A New Jersey federal judge on Friday allowed three title insurers to deflect claims by a wholesale residential mortgage lender that their denial of coverage for a mortgage scam cost it $450 million by scuttling a merger, reversing an earlier ruling finding for the lender.
July 27, 2012
A federal judge on Thursday said wholesale residential mortgage lender Walsh Securities Inc. can't compel a trio of title insurers to disclose how much money they had set aside for loss reserves in WSI's $450 million suit over a mortgage fraud scam.
April 17, 2012
A New Jersey federal judge on Tuesday threw out a bad faith claim against a trio of title insurers brought by wholesale residential mortgage lender Walsh Securities Inc. in a 15-year-old suit over a mortgage fraud scam for which WSI sought $450 million.