Assured's MBS Win May Force Wave Of Bank Settlements

By Jake Simpson · February 7, 2013, 7:51 PM EST

Assured Guaranty Corp.'s $90.1 million victory over a Michigan bank it accused of misrepresenting the quality of roughly $900 million in residential mortgage-backed securities covered by Assured could open the floodgates...

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Documents

Case Information

Case Title

Assured Guaranty Municipal Corp. v. Flagstar Bank, FSB et al

Case Number

1:11-cv-02375

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

April 07, 2011