Documents tagged with mbia

MBIA Insurance v CountryWide Home Loans- Order 1-3-12 by Judge Eileen Bransten

The catalyst so many have been waiting for, and the nearly 30 million shorts dreading, has arrived. From Judge Eileen Bransten: "ORDERED that MBIA Insurance Corporation’s motion for partial summary...
  • 83jjmack published this 01 / 04 / 2012
  • 92 reads
  • 0 comments

MBIA vs Countrywide - Amended Complaint

MBIA alleges fraud by Countrywide in the underwriting of RMBS that it then insured. A pivotal case in the industry.
  • the_akiniti published this 10 / 17 / 2011
  • 123 reads
  • 0 comments

MBIA vs CreditSuisse - Select Portfolio Servicing Etal

Insurance Carrier MBIA sues Credit Suisse, SPS (Select Portfolio Servicing, a Credit Suisse affiliate for offering MBS securitization trust of non-performing mortgages, causing MBIA to pay out to i...
  • prbradley published this 03 / 22 / 2011
  • 194 reads
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United States Fidelity & Guarantee v Petrolio Brasiliero

This is one of the cases referenced in Bank of America's appeal of Judge Bransten's April 27, 2010 ruling. If Delaware law applies, MBIA will almost certainly lose the successor liability issue. ...
  • Jeff Boyd published this 02 / 08 / 2011
  • 329 reads
  • 0 comments

Mbia v. Residential Funding Company Gmac Amended Complaint 03 19 2010

COMPLAINT FOR VIOLATION OF THE REPS AND WARRANTIES OF HOME EQUITY LOAN TRUST 2007-HSA2 BY RFC, WHICH IS GMAC AND ONE OF THEIR LLC'S. GOOD COMPLAINT. THIS IS HOME TO MY SECOND NOTE.
  • b.daviesmd6605 published this 01 / 20 / 2011
  • 676 reads
  • 0 comments

National Mortgage News - Judge Rules MBIA Could Not Tell if GMAC Misrepresented Loans IN REPS AND

The New York Supreme Court last week ruled that MBIA Insurance Corp. did not have any way to discover if GMAC Mortgage intentionally misrepresented the true nature of MBS that MBIA insured. "It is...
  • b.daviesmd6605 published this 12 / 21 / 2010
  • 173 reads
  • 0 comments

Mbia v. Indymac and Other for Loan Irregularities

In general, where a loan is subject to full underwriting review, a prospective borrower applying for a mortgage loan is required to fill out a detailed application designed to provide to the underw...
  • b.daviesmd6605 published this 11 / 05 / 2010
  • 213 reads
  • 0 comments

MBIA v. Credit Suisse, DLJ & SPS

7216 loans have defaulted or were charged off with aggregate balance of 464 million dollars or 51.5% of original loan pool balance. MBIA insurance balks!!
  • 83jjmack published this 07 / 13 / 2010
  • 618 reads
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MBIA - vs - CFSB - DLJ 12-14-2009

The Insurance Company has paid hundreds of millions of dollars in fake claims in this 1 case. MBIA was defrauded (as well as you and me) in thousands of cases just like this one. A Trillion Dollar ...
  • Sampall published this 06 / 10 / 2010
  • 182 reads
  • 0 comments

Reply Memorandum of Law Support of Plaintiff's Motion to Compel Disclosure - MBIA vs Country Wide on

MBIA's Reply memorandum in support of its motion to compel Countrywide and Bank of America to produce loan files, documents produced to the Attorney Generals, and documents relevant to successor li...
  • igradman published this 06 / 10 / 2010
  • 2,038 reads
  • 0 comments

Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May 2

Bank of American and Countrywide's Notice of Appeal of Judge Bransten's Order Denying in part Countrywide's Motion to Dismiss claims of misrepresentation and vicarious liability. Visit http://subp...
  • igradman published this 06 / 10 / 2010
  • 1,558 reads
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Mbia Insurance v Country Wide Home Loans, Pre-Argument Statement, Case No. 602825_2008 (Ny Supr. Ct.

Bank of American and Countrywide's Pre-Argument Statement for Appeal of Judge Bransten's Order Denying in part Countrywide's Motion to Dismiss claims of misrepresentation and vicarious liability. ...
  • igradman published this 06 / 10 / 2010
  • 2,233 reads
  • 0 comments

MBIA-- -----(MORTAGE Insurance Company) vs.CREDIT SUISSE---- SUPREME COURT NY--LAW SUIT FRAUDULENT R

MBIA brings this action to seek redress for Credit Suisse's pervasive and material misrepresentations and breaches of the parties' agreements pertaining to a mortgage-backed securities transaction ...
  • b.daviesmd6605 published this 06 / 03 / 2010
  • 328 reads
  • 0 comments

'Who's Holding the Bag' - Presentation at the Ira Sohn May 2007 Conference by Bill Ackman, Founder,

Bill Ackman shares his analysis on the causes of the crisis rocking the credit markets.
  • Customs Street Advisors published this 04 / 09 / 2009
  • 11,472 reads
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How to Save the Bond Insurers - Presentation by Bill Ackman of Pershing Square Capital Management -

Bill Ackman of Pershing Square Capital Management offers an alternative plan for saving the monolines.
  • Customs Street Advisors published this 04 / 09 / 2009
  • 1,929 reads
  • 0 comments