Ambac's Claims Over $94M MBS Deal Not Ripe, US Bank Says

By Jon Hill · July 23, 2018, 7:53 PM EDT

A mortgage backed securities trustee told a New York federal judge Friday that trust insurer Ambac Assurance Corp. is jumping the gun with its lawsuit alleging that the bank is just...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Motion

Case Information

Case Title

Ambac Assurance Corporation v. US Bank National Association

Case Number

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

June 08, 2018

Recent Articles By Jon

May 30, 2024
CFPB To Probe 'Junk Fees' In Mortgage Closing Costs
May 30, 2024
High Court Calls For 2nd Circ. Redo In BofA Preemption Fight
April 30, 2024
2nd Circ. Revives Commerzbank RMBS Suit Against US Bank
April 03, 2024
US Bank Beats $100M Suit Over Role As CDO Trustee
April 01, 2024
Texas Judge Halts New Community Lending Rules For Banks
March 22, 2024
Feds Delay Community Lending Assessment Change To 2026
March 07, 2024
Fed Working To Beef Up Supervision 'Rulebook,' Powell Says
February 28, 2024
CFPB, FTC Urge 11th Circ. To Rule Against 'Pay-To-Pay' Fees
February 27, 2024
Justices Skeptical Of Workability In BofA Preemption Fight
February 27, 2024
BofA Battle Will Test Preemption's Reach At High Court