September 9, 2014
Reiss on FIRREA Penalties
Bloomberg quoted me in S&P Faces Squeeze After $1.3 Billion Countrywide Fine. It opens, Standard & Poor’s (MHFI)’ chances of settling the government’s lawsuit over mortgage-bond ratings for less than $1 billion may have slipped away after Bank of America … Continue reading
September 9, 2014 in Upstream litigation | Permalink | No Comments
August 27, 2014
Reiss on FIRREA Storm
Law360 quoted me in Bold 10th Circ. Opinion Muddies FIRREA Challenges. The article opens, The Tenth Circuit last week gave a strong argument as to why a recent U.S. Supreme Court decision has no bearing on one federal agency’s ability … Continue reading
August 27, 2014 in Upstream litigation | Permalink | No Comments
August 26, 2014
Regulating Fannie and Freddie With The Deal
Steven Davidoff Solomon and David T. Zaring have posted After the Deal: Fannie, Freddie and the Financial Crisis Aftermath to SSRN. The abstract reads, The dramatic events of the financial crisis led the government to respond with a new form … Continue reading
August 26, 2014 in Upstream litigation | Permalink | No Comments
August 22, 2014
Reiss on $17 Billion BoA Settlement
Law360 quoted me in BofA Deal Shows Pragmatism At Work On Both Sides (behind a paywall). It reads in part, Bank of America Corp.’s $16.65 billion global settlement over its alleged faulty lending practices in the run-up to the financial … Continue reading
August 22, 2014 in Upstream litigation | Permalink | No Comments
August 15, 2014
Here: Complaint in Louise Rafter et al. v. U.S.
Here is a copy of the Complaint in Louise Rafter et al. v. U.S., Pershing Square’s Takings case in the U.S. Court of Federal Claims. I will blog about it later, but thought that some might want to see it … Continue reading
August 15, 2014 in Upstream litigation | Permalink | No Comments
August 5, 2014
Offering Opinions About MBS Exposure
The Tenth Circuit issued an opinion in MHC Mutual Conversion Fund, L.P. v. Sandler O’Neill & Partners, L.P. et al. (No. 13-1016 Aug. 1, 2014). The case concerns a 2009 stock offering by Bancorp. Bancorp was significantly exposed to mortgage-backed … Continue reading
August 5, 2014 in Upstream litigation | Permalink | No Comments
August 4, 2014
TARP’s Smallish Rogues Gallery
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) issued its Quarterly Report to Congress on July 30, 2014. There is a lot to digest in this 500+ page document, but I thought that readers … Continue reading
August 4, 2014 in Upstream litigation | Permalink | No Comments
