Katie Lieberg Stowe

Katie Lieberg Stowe

Orrick, Herrington & Sutcliffe LLP

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Bank of America and Merrill Lynch Settle RMBS Lawsuit with FDIC

On November 17, Bank of America and Merrill Lynch settled securities claims brought by the FDIC related to RMBS sold to United Western Bank. The FDIC, as the receiver for United Western Bank, alleged claims under the...more

11/25/2014 - Bank of America Enforcement Actions FDIC Merrill Lynch RMBS Securities Act of 1933 Settlement

ResCap’s Claims Against Mortgage Originators in Minnesota Will Proceed

On November 12, Judge Susan Richard Nelson of the United States District Court for the District of Minnesota declined to dismiss claims by the Residential Capital LLC (ResCap) bankruptcy trust against six mortgage...more

11/25/2014 - Commercial Bankruptcy Mortgage Loan Originators Representations and Warranties ResCap RMBS Trustees Wells Fargo

Court Dismisses U.S. Bank’s RMBS Repurchase Claims Against Citigroup as Too Speculative

On November 14, Judge George B. Daniels of the United States District Court for the Southern District of New York dismissed several of U.S. Bank’s repurchase claims against Citigroup Global Markets Realty Corp. U.S. Bank...more

11/21/2014 - Breach of Contract Citigroup Dismissals Representations and Warranties Repurchases RMBS US Bank

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