- TCW Asset Management Co. will continue to face $128 million suit from investors for allegedly lying about the value of mortgage-backed securities.
- A court found that the City of Saratoga Springs failed to timely appeal in case over incorporation of affordable housing.
- The Second Circuit affirmed decision that found that an insurer did not need to pay out $15 million to Nomura for misleading descriptions of residential mortgage-backed securities.
- National Union Fire Insurance Co. filed a brief in case over ski resorts, claiming that claims notes are privileged “because they contain legal advice from outside counsel.”
Tag Archives: value
Monday’s Adjudication Roundup
- Thornburg Mortgage Inc. Ch. 11 trustee wins $45 million against RBC Capital Markets LLC for seizing and miscalculating the value of some mortgage-backed securities from Thornburg in 2007.
- Fidelity National Title Insurance Co. will not be liable for $38 million for its policyholders settling in third-party mechanic’s lien suit against Fidelity’s interest in a real estate development, as it does not comply with Arizona Supreme Court precedent.
Wednesday’s Academic Roundup
- Valuing Control, Peter C. DiCola, 113 Michigan Law Review 663 (2015).
- A Framework for Understanding Property Regulation and Land Use Control from a Dynamic Perspective, Donald J. Kochan, 4 Michigan Journal of Environmental & Administrative Law 303 (2015).
- The Use of Listed Real Estate Securities in Asset Management, Alex Moss & Andrew Baum.
- Financial Literacy, Broker-Borrower Interaction, and Mortgage Default, James Neil Conklin.
- Mortgage Default, Juan Carlos Hatchondo, Leonardo Martinez & Juan M. Sanchez.
