January 03, 2018
A California federal judge on Tuesday rejected a bid by Ambac Assurance Corp. to transfer to New York a suit brought by a group of military housing developers accusing it and another mortgage corporation of bilking them for hundreds of millions of dollars in excessive fees.
August 29, 2017
A group of military housing developers on Monday accused a pair of mortgage and insurance corporations in California federal court of bilking them for hundreds of millions of dollars in excessive fees through a secret mutual arrangement to boost profits on financing and insurance deals.