FDIC Challenges BofA's $500M MBS Settlement

By Stephanie Russell-Kraft · October 8, 2013, 3:04 PM EDT

The Federal Deposit Insurance Corp. told a California federal court Monday that Bank of America Corp.'s $500 million settlement in a suit over its underwriting standards for mortgage-backed securities should be...

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Case Information

Case Title

Maine State Retirement System v. Countrywide Financial Corporation et al

Case Number

2:10-cv-00302

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

January 14, 2010


Case Title

Western Conference of Teamsters Pension Trust Fund v. Countrywide Financial Corporation et al

Case Number

2:12-cv-05122

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

June 12, 2012


Case Title

David H Luther et al v. Countrywide Financial Corporation et al

Case Number

2:12-cv-05125

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

June 12, 2012