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Bank of America Settlement in Jeopardy?

Financial Services Blog

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February 12, 2013
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Ten years after the financial crisis, mortgage companies and regional/local banks are still getting hit with new breach of contract and indemnification claims related to loans sold before the crisis. The latest case in point involvesĀ demand letters that JPMorgan Chase is sending out to lenders throu...
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One would think that, as we approach 2021, litigation related to residential mortgage loans originated and sold well over a decade ago would be ancient history. Nevertheless, some suits filed years ago remain active, and, even more surprisingly (and disturbingly), new lawsuits related to loans sold ...
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