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Residential Mortgage-Backed Securities Prudential Insurance

Residential Mortgage-Backed Securities are financial instruments consisting of residential mortgages pooled together to form larger more complex financial commodities.
Orrick - Finance 20/20

Prudential Settles $2B RMBS Suit with Bank of America and Merrill Lynch & Co.

Orrick - Finance 20/20 on

On April 22, 2015, Bank of America and Merrill Lynch reached an agreement with several Prudential Insurance Co. affiliates to settle two lawsuits brought by Prudential. Prudential had alleged that Bank of America and Merrill...more

Orrick - Finance 20/20

RMBS Fraud Claims Against Bank of America Dismissed

Orrick - Finance 20/20 on

On February 6, 2015, Judge Stanley Chesler of the United States District Court for the District of New Jersey granted in part and denied in part Bank of America’s motions to dismiss two related cases filed against it by...more

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