The Union Central Life Insurance Company et al v. Ally Financial, Inc. et al

  1. February 06, 2015

    Goldman Sachs, Life Insurers Strike Deal In Junk MBS Suit

    Three life insurers whose 2011 complaint accused a long list of financial service providers of selling them junk mortgage-backed securities have privately settled their claims against Goldman Sachs & Co., according to a letter filed in New York federal court on Friday.

  2. April 22, 2014

    UBS, Life Insurers Strike Deal Over MBS Row

    Union Central Life Insurance Co. and UBS AG on Monday said they have reached a settlement to end a dispute over junked mortgage-backed securities the Swiss bank allegedly sold to the insurer and its affiliates.

  3. December 17, 2012

    WaMu Units Escape From Insurers' MBS Fraud Suit

    A New York federal judge on Monday signed off on the dismissal of claims against two Washington Mutual Bank NA units in a wide-ranging suit brought by insurers accusing the companies and other financial institutions of lying about the quality of loans pooled in mortgage-backed securities they sold.

  4. February 08, 2012

    Wells Fargo Puts Insurer's MBS Fraud Suit To Rest

    Wells Fargo Bank NA has settled a lawsuit that accused it and other banks of lying about the quality of loans pooled in mortgage-backed securities they sold, an attorney for plaintiff Union Central Life Insurance Co. said Wednesday.

  5. September 28, 2011

    Edward Jones Dropped From Insurance Co.'s MBS Suit

    Edward D. Jones & Co. LP was dismissed Tuesday from Union Central Life Insurance Co.'s lawsuit in New York accusing a slew of financial services companies of making false and misleading statements about loans included in devalued mortgage-backed securities.

  6. September 21, 2011

    Wells Fargo Exec Dismissed From Insurer's MBS Suit

    A onetime Wells Fargo Asset Securities Corp. executive was dismissed Tuesday from Union Central Life Insurance Co.'s New York lawsuit accusing a slew of financial services companies of making false and misleading statements about loans included in devalued mortgage-backed securities.

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