Goldman Sachs, RMBS, Fannie Mae

Orrick's Financial Industry Week in Review

Orrick, Herrington & Sutcliffe LLP on 7/9/2015

Federal Reserve Releases First Determination of Aggregate Consolidated Liabilities of all Financial Companies - On July 1, the Federal Reserve Board released its first determination of the aggregate consolidated...more

Goldman Reaches Settlement with FHFA

Orrick - Finance 20/20 on 8/26/2014

On August 22, Goldman Sachs and FHFA announced a US$3.15 billion settlement of claims brought by FHFA against Goldman in two separate lawsuits related to RMBS purchased by Fannie Mae and Freddie Mac between 2005 and 2007. ...more

FHFA Wins Summary Judgment That It Did Not Have Actual Knowledge of RMBS Misrepresentations

Orrick - Finance 20/20 on 8/5/2014

On July 30, Judge Denise Cote of the United States District Court for the Southern District of New York granted the motion for partial summary judgment brought by FHFA, as conservator for Fannie Mae and Freddie Mac. ...more

Orrick's Financial Industry Week in Review - January 13, 2014

Orrick, Herrington & Sutcliffe LLP on 1/14/2014

European Parliament Committee Publishes Opinion on Money Laundering Directive 4 - On January 7, the European Parliament published an opinion, written by its Committee on Legal Affairs (or JURI) relating to the...more

Orrick's Financial Industry Week in Review - December 10, 2013

Orrick, Herrington & Sutcliffe LLP on 12/10/2013

Council of EU Publishes UK Issues Paper on MLD4 - On November 24, the Council of the European Union published a note (dated November 8, 2013) from the Council Presidency to Council Delegations which includes a UK...more

Orrick's Financial Industry Week in Review - May 13, 2013

Orrick, Herrington & Sutcliffe LLP on 5/13/2013

In This Issue: FHFA Limit on Fannie and Freddie Loan Purchases to Qualified Mortgage; Rating Agency Developments; MBIA and Bank of America Settle MBS Litigation for $1.7 Billion: Assured and UBS Agree to Settle RMBS...more