Monterey Bay Military Housing, LLC et al v. Ambac Assurance Corporation et al

  1. January 03, 2018

    Ambac Can't Move Mortgage Fee Suit To NY, Judge Says

    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.

  2. August 29, 2017

    Ambac, Mortgage Co. Ripped Off Military Housing, Suit Says

    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.

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