Recent Posts

Morgan Stanley To Settle Mortgage-Backed Securities Claims For $1.25B
Posted on 6 Feb 2014 by Timothy Raub

NEW YORK — (Mealey’s) Morgan Stanley will pay $1.25 billion to settle claims that it, certain of its subsidiaries and others misrepresented the investment quality in more than $10.58 billion in certificates in connection with 33 securitizations... Read More

Plaintiffs Seek Approval Of $153M Securities Settlement With Fannie Mae, KPMG
Posted on 8 May 2013 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) Lead plaintiffs in a securities class action lawsuit against Fannie Mae and accounting firm KPMG LLP on May 7 asked a federal judge to approve a $153 million settlement that would end the lawsuit, which was brought in... Read More

U.S. Government Hits Bank Of America With $1 Billion Lawsuit Over Lending Program
Posted on 24 Oct 2012 by Timothy Raub

NEW YORK - (Mealey's) The U.S. government on Oct. 24 filed a $1 billion lawsuit against Bank of America Corp., as successor for Countrywide Financial Corp., alleging that Countrywide violated provisions of the False Claims Act by engaging in a scheme... Read More

Johnson & Freedman Promotes January N. Taylor to Partner
Posted on 7 Mar 2011 by LexisNexis Litigation Resource Community Staff

ATLANTA - Atlanta-based Johnson & Freedman LLC, a member of the Fannie Mae Retained Attorney Network and Freddie Mac Designated Counsel Program, has announced that January N. Taylor has been promoted to partner. Johnson & Freedman is a business... Read More

California AG Sues Feds Over Renewable Energy Loans
Posted on 15 Jul 2010 by LexisNexis Litigation Resource Community Staff

SACRAMENTO, Calif. - (AP) State Attorney General Jerry Brown sued the federal government Wednesday, asking a judge to stop government-sponsored mortgage buyers from blocking a program that lets homeowners pay for energy-efficient improvements through... Read More