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https://mbia.com/investor/publications/MBIAInsCorp_Vs_CountrywideComplaint.pdf
http://www.courts.state.ny.us/Reporter/pdfs/2013/2013_30184.pdf
originated and purchased by Countrywide. MBIA insured the securitizations, guaranteeing payments to the securitizations' investors. On August 24,2009, MBIA filed an amended complaint (the "Amended Complaint"). The Amended Complaint added, among other things, a cause of action alleging successor and vicarious liability against BAC.
https://mbia.com/investor/legal_proceedings.html
MBIA offers municipal bond insurance, investment management products, municipal and consulting services, securitization of infrastructure finance issues, structured asset- and …
http://www.courts.state.ny.us/Reporter/3dseries/2012/2012_22002.htm
MBIA brought the instant action on September 30, 2008 against the Countrywide defendants. MBIA alleged, and alleges, that Countrywide fraudulently induced MBIA to insure securitizations and that Countrywide breached the representations and warranties in the transaction documents. On August 24, 2009, MBIA filed an amended complaint.
http://www.subprimeshakeout.com/2010/12/mbia-sampling-order-signals-shorter-path-to-rmbs-putbacks.html
Dec 30, 2010 · Filed by Quinn Emanuel, the same law firm representing MBIA and other monolines, the Allstate Complaint is novel for its assertion of a “matching strategy” by Countrywide–that is, that Countrywide was willing to approve any mortgage feature offered by its competitors, resulting in Countrywide “mixing and matching the worst features of ...
https://www.law.com/newyorklawjournal/almID/1202533162228/
MBIA also bases their successor liability claim on Countrywide’s merger into a wholly owned BAC subsidiary that was created for the sole purpose of facilitating BAC’s Countrywide acquisition ...
https://law.justia.com/cases/new-york/other-courts/2013/2013-ny-slip-op-23140.html
[*1] MBIA Ins. Corp. v Countrywide Home Loans, Inc. 2013 NY Slip Op 23140 Decided on April 29, 2013 Supreme Court, New York County Bransten, J. Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431. This opinion is uncorrected and subject to revision before publication in the printed Official Reports.
https://www.casemine.com/judgement/us/5c3717ca342cca179b792028
On August 24, 2009, MBIA filed an amended complaint (the "Amended Complaint). The Amended Complaint added, in addition to five securitizations, a cause of action alleging successor and vicarious liability against BAC. Amended Complaint, ¶¶ 200-07. MBIA alleges that BAC's purchase of Countrywide on July 1, 2008, constituted a merger.
https://www.casemine.com/judgement/us/59146029add7b04934228a6a
MBIA's claim of a long-standing relationship between the parties is belied by the allegations in the amended complaint that MBIA insured only two Countrywide securitizations in a short period prior to the transactions in question. MBIA and Countrywide's limited prior dealings do not elevate this arm's length transaction into a relationship of ...
https://www.leagle.com/decision/innyco20110630420
Jun 30, 2011 · MBIA's claim of a long-standing relationship between the parties is belied by the allegations in the amended complaint that MBIA insured only two Countrywide securitizations in a short period prior to the transactions in question. MBIA and Countrywide's limited prior dealings do not elevate this arm's length transaction into a relationship of ...
https://www.bondbuyer.com/news/ny-court-rules-mbia-can-proceed-with-fraud-suit-vs-countrywide
Jun 30, 2011 · A New York appeals court ruled that bond insurer MBIA Insurance Corp. can proceed with fraud claims against Countrywide Home Loans Inc., when …Author: Taylor Riggs
https://law.justia.com/cases/new-york/other-courts/2010/2010-ny-slip-op-52452-u.html
[*1] MBIA Ins. Corp. v Countrywide Home Loans, Inc. 2010 NY Slip Op 52452(U) Decided on April 27, 2010 Supreme Court, New York County Bransten, J. Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431. This opinion is uncorrected and …
https://www.ft.com/content/2fa80d88-900a-11dd-9890-0000779fd18c
Oct 01, 2008 · MBIA said in its complaint that Countrywide had “falsely represented” to both MBIA and investors that mortgage loans packaged into the guaranteed bonds …
https://www.law360.com/articles/71375/mbia-sues-countrywide-over-home-equity-loans
According to the complaint filed Tuesday in New York Supreme Court, MBIA Insurance Corp. sued several units of Countrywide for fraud, negligent misrepresentation and breach of contract related to ...
https://cases.justia.com/new-york/other-courts/2013-ny-slip-op-30904-u.pdf?ts=1382722244
Defendants.! MBIA alleges that Countrywide fraudulently induced MBIA to insure fifteen residential mortgage-backed securitizations ("Securitizations") and that Countrywide breached the representations and warranties in the transaction documents related to the Securitizations. On August 24,2009, MBIA filed an amended complaint
https://www.law.com/newyorklawjournal/almID/1202537445858/
MBIA brought the instant action on September 30, 2008 against the Countrywide defendants. MBIA alleged, and alleges, that Countrywide fraudulently induced MBIA to insure the securitizations and ...
https://www.leagle.com/decision/innyco20100210497
Jan 14, 2010 · On August 24, 2009, MBIA filed an amended complaint. By letters dated September 28 and September 29, 2009, MBIA and Countrywide, respectively, submitted supplemental arguments addressing the pending motions to compel in light of the amended complaint. Analysis
https://www.bloomberg.com/news/articles/2010-12-22/bofa-loses-evidence-ruling-in-mbia-fraud-suit-over-21-billion-in-coverage
Dec 23, 2010 · MBIA alleges that Countrywide, which Bank of America acquired in 2008, misrepresented the quality of loans in mortgage-backed securities to induce MBIA …
https://www.bloomberg.com/news/articles/2013-05-06/mbia-bofa-accord-said-to-end-all-claims-in-mortgage-fight
May 07, 2013 · MBIA Inc. and Bank of America Corp. settled a five-year legal battle over soured mortgage debt in a deal that will pay MBIA the equivalent of $1.7 billion and give the bank a …
https://asreport.americanbanker.com/news/mbia-sues-countrywide-for-rmbs-fraud
But Countrywide often sacrificed its underwriting policies in a push for market share that cost MBIA when the insurer had to fulfill guarantees on securities it would not have backed had it known of Countrywide's failure to adhere to its own policies, the complaint states. Countrywide "developed a systematic pattern and practice of abandoning ...
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