$40+ Million Defense of Breach of RMBS Contract and Indemnity Claims
Mortgage Company
Representation of mortgage company in defense against breach of contract and indemnity claims made by a division of another major national mortgage company. The plaintiff claimed to be owed in excess of $40 million in the aftermath of its settlements of complex securities suits filed against it by leading institutional investors and insurers.
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Defense of mortgage loan originators against claims brought throughout the country asserting over $500 million in cumulative damages. The cases were initiated by major financial institutions seeking repurchase of or indemnification for large volumes of residential mortgage loans sold before the 2008...
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