New York Judge Tosses Greenwich Suit Against Countrywide Over Loan...
In a ruling dated October 7, 2010, New York County Supreme Court Judge Barbara R. Kapnick tossed out Greenwich Financial’s lawsuit against Countrywide. The suit sought a declaratory judgment that...
View ArticleBREAKING NEWS: Judge Determines BofA $8.5 bn Settlement Belongs in Federal Court
Though Bank of America (BofA) has taken its share of lumps over the past six months, this may be the one that leaves the biggest mark. In an opinion issued today in the Southern District of New York...
View ArticleWTBTF Book Tour Day 2: Meeting, Marketing and Mentoring in Manhattan
I woke Tuesday morning, Nov. 8 on the second day of the Way Too Big to Fail book tour to the news that Kathy Patrick, legal architect of Bank of America’s Hail Mary Countrywide settlement (background...
View ArticleIs Foreclosure Settlement Déjà Vu All Over Again?
Today, the Attorneys General of 49 states (with Oklahoma being the lone holdout) announced a record $26 billion settlement with the nation’s five largest servicers over false and fraudulent foreclosure...
View ArticleNew York Judge Strikes Blow to Investor Putback Claims
Update: it appears that Walnut Place has already filed an appeal of the dismissal of its lawsuit against BofA and Countrywide – IMG. Investors in Countrywide mortgage backed securities (MBS) were dealt...
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