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Federal Housing Finance Agency as Conservator for the Federal National Mortgage Association et al v. First Horizon National Corporation et al
Case Number:
1:11-cv-06193
Court:
Nature of Suit:
Judge:
Firms
- Cravath Swaine
- Dewey Pegno
- Kobre & Kim
- Quinn Emanuel
- Skadden Arps
- Spears & Imes
- Sullivan & Cromwell
- Williams & Connolly
Companies
- Bank of America Corp.
- Credit Suisse Group AG
- First Horizon National Corp.
- FTN Financial Group
- JPMorgan Chase & Co.
Government Agencies
Sectors & Industries:
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May 06, 2014
Fannie, Freddie Didn't Know MBS Loans Were Toxic: FHFA
Fannie Mae and Freddie Mac didn't know of the falsity of misrepresentations that banks made when selling them toxic mortgage-backed securities before the financial crisis, the Federal Housing Finance Agency claimed in court documents publicly filed Tuesday.
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April 29, 2014
First Horizon Settles FHFA Toxic MBS Suit With $110M Deal
First Horizon National Corp. will pay $110 million to the Federal Housing Finance Agency to end a New York federal suit alleging the bank misrepresented mortgage-backed securities sold to Fannie Mae and Freddie Mac prior to the financial crisis, the FHFA announced Tuesday.