News & Analysis as of

Assured Guaranty Corp. Settlement

Orrick - Finance 20/20

Assured and Flagstar Settle RMBS Litigation for $105 Million

On June 21, Flagstar Bancorp, Inc. announced that it reached a settlement in a lawsuit brought by Assured Guaranty Municipal Corp. arising out of nearly $1 billion in Flagstar-sponsored RMBS that Assured insured....more

Orrick - Finance 20/20

Assured and UBS Agree to Settle RMBS Litigation for $358 Million

Orrick - Finance 20/20 on

On May 6, monoline insurer Assured Guaranty Ltd. announced a $358 million settlement with UBS and its affiliates stemming from losses on residential mortgage-backed securities that were issued, sponsored or underwriten by...more

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