June 05, 2023
KeyBank and a mortgage broker reached a settlement in a $47 million lawsuit from U.S. Bank on Monday, which had accused the entities of failing to collect on a $47 million loan.
May 01, 2023
U.S. Bank is fighting KeyBank and a mortgage broker's reconsideration motions for the dismissal of its lawsuit over an allegedly uncollected $47 million loan, while KeyBank has urged the presiding New York federal court to let it slip the suit.
April 03, 2023
A New York federal judge dismissed some of U.S. Bank N.A.'s claims against Keybank N.A. for failing to collect on a mortgage agreement nearly a decade ago, saying that the claims were time-barred, but said Keybank still must answer for its alleged inaction that took place after the statute of limitations expired in 2014.