May 15, 2020
Entities that recently lost to U.S. Bank on contract claims tied to residential mortgage-backed securities certificates can appeal the loss but can't just rehash their meritless arguments before a federal judge who has already rejected them, the bank said Thursday.
April 16, 2020
A set of eight investment vehicles claimed Wednesday that a New York federal judge misapplied controlling precedent when he allowed U.S. Bank NA to escape contract claims over pre-2008 residential mortgage-backed securities certificates.
March 18, 2020
U.S. Bank on Wednesday successfully defeated contract claims over pre-2008 residential mortgage-backed securities certificates with an argument that the entities suing it had obtained the right to do so with illegal intent.
February 21, 2020
A set of investment vehicles that bought more than $665 million worth of notes in residential mortgage-backed securities trusts overseen by US Bank told a New York federal judge on Thursday not to be swayed by the bank's recent attempt to dodge a breach of contract dispute.
February 19, 2020
U.S. Bank told a New York federal judge on Wednesday that another judge in his district has fully dismissed a lawsuit "materially similar" to claims the bank is facing in his court over residential mortgage-backed securities trusts.
October 26, 2018
Bank of America told a New York federal judge that it has tentatively settled breach-of-duty claims alleged by investment vehicles that bought notes worth more than $665 million in residential mortgage-backed securities trusts overseen by the bank and U.S. Bank.