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Residential Mortgage-Backed Securities Reasonable Reliance Claims

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

New York Appellate Court Reinstates Fraudulent Inducement Claim Against Goldman and M&T Bank

Orrick - Finance 20/20 on

On May 7, New York’s First Department appellate court reinstated CIFG Assurance North America, Inc.’s fraud claim against Goldman Sachs & Co. and M&T Bank. Last May, a New York trial court dismissed CIFG’s claim for...more

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