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Federal Housing Finance Agency, As Conservator For The Federal National Mortgage Association et al v. Countrywide Financial Corporation et al
Case Number:
2:12-cv-01059
Court:
Nature of Suit:
Judge:
Firms
- Boies Schiller
- Brune Law PC
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March 26, 2014
BofA To Pay $9.3B To Settle Fannie, Freddie MBS Claims
Bank of America Corp. has agreed to pay $9.3 billion to settle lawsuits filed in New York and California federal courts by the Federal Housing Finance Agency alleging the bank misrepresented billions of dollars in mortgage-backed securities sold to Fannie Mae and Freddie Mac that led to the financial crisis.
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February 04, 2014
Countrywide Says FHFA Still Owes It Docs In $27B MBS Case
Countrywide Financial Corp. asked a California federal judge Monday to sanction the Federal Housing Finance Agency for allegedly failing to produce documents in Fannie Mae and Freddie Mac's lawsuit against the bank over the purchase of $26.6 billion in toxic mortgage-backed securities.
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September 06, 2013
UBS Exits Battle Over Fannie, Freddie MBS Losses
UBS Securities Inc. settled a dispute with the Federal Housing Finance Agency on Friday, releasing it from multidistrict litigation over allegedly shoddy mortgage-backed securities it underwrote that were purchased by Fannie Mae and Freddie Mac.
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February 20, 2013
Fannie, Freddie Knew Of Risks In $27M MBS Buy: Countrywide
Countrywide Financial Corp. asked a California federal judge Wednesday to throw out Fannie Mae and Freddie Mac's lawsuit alleging they were duped into buying $26.6 billion in toxic mortgage-backed securities, arguing that they were sophisticated market participants.