Judge Keeps $5.9B MBS Suit In Federal Court

By Keith Goldberg · March 12, 2012, 4:33 PM EDT

A judge on Friday refused to return Federal Home Loan Bank of Boston's suit against several banks and ratings agencies over $5.9 billion in mortgage-backed securities to Massachusetts state court, saying...

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Case Information

Case Title

Federal Home Loan Bank of Boston v. Ally Financial, Inc. et al

Case Number

1:11-cv-10952

Court

Massachusetts

Nature of Suit

Securities/Commodities

Date Filed

May 26, 2011