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Federal Housing Finance Agency as Conservator for the Federal National Mortgage Association et al v. UBS Americas Inc. et al
Case Number:
1:11-cv-05201
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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July 22, 2013
UBS Settles $6.4B Suit Over MBS Sales To Fannie, Freddie
UBS AG on Monday said it has reached a settlement with the Federal Housing Finance Agency to end litigation over alleged misrepresentations of $6.4 billion in mortgage-backed securities it sold to Freddie Mac and Fannie Mae in the run-up to the financial crisis.
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June 26, 2012
FHFA's Claims Not Too Late In $6B UBS Suit, Judge Rules
A New York federal judge on Tuesday rejected UBS Americas Inc.'s contention that certain Securities Act claims were time-barred in a Federal Housing Finance Authority lawsuit over $6.4 billion in mortgage-backed securities sold to Fannie Mae and Freddie Mac, ruling on an issue left open in an earlier order.
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June 13, 2012
Judge Won't Excuse UBS From 1st Trial In FHFA MBS Cases
A New York federal judge on Wednesday refused to allow UBS Americas Inc. to beg off as the first defendant to be tried in 16 suits brought by the Federal Housing Finance Agency over failed mortgage-backed securities sold to Fannie Mae and Freddie Mac.
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May 14, 2012
UBS' $6B MBS Row With FHFA Gets 2013 Trial Date
A New York federal judge said Monday the Federal Housing Finance Agency's case against UBS Americas Inc. over $6.4 billion in allegedly doomed securities sold to Fannie Mae and Freddie Mac will be tried in the fall of 2013, the first of 16 such suits.
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May 04, 2012
UBS Can't Derail Suit Over $6B In Bad Fannie, Freddie MBS
UBS Americas Inc. on Friday lost its bid to stamp out a Federal Housing Finance Authority lawsuit in New York federal court accusing it of steering Fannie Mae and Freddie Mac into $6.4 billion worth of doomed securities.