This is a complaint filed by Countrywide Bank, Countrywide Home Loans and Countrywide Servicing against United Guaranty Mortgage Indemnity Company and related entities, based on the mortgage insurer's alleged refusal to pay losses on subprime mortgage loans due to borrower defaults under the terms of its insurance policies. Countrywide seeks declaratory relief and damages based on breach of contract and breach of the implied covenant of good faith and fair dealing.
This is a complaint filed by Countrywide Bank, Countrywide Home Loans and Countrywide Servicing against United Guaranty Mortgage Indemnity Company and related entities, based on the mortgage insurer's alleged refusal to pay losses on subprime mortgage loans due to borrower defaults under the terms of its insurance policies. Countrywide seeks declaratory relief and damages based on breach of contract and breach of the implied covenant of good faith and fair dealing.
This is a complaint filed by Countrywide Bank, Countrywide Home Loans and Countrywide Servicing against United Guaranty Mortgage Indemnity Company and related entities, based on the mortgage insurer's alleged refusal to pay losses on subprime mortgage loans due to borrower defaults under the terms of its insurance policies. Countrywide seeks declaratory relief and damages based on breach of contract and breach of the implied covenant of good faith and fair dealing.