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Orrick - Finance 20/20

U.S. Bank and UBS Reach $850M Settlement in RMBS Put-Back Action

On July 25, 2018, U.S. Bank NA and UBS AG announced they had reached an $850 million settlement in connection with a dispute over loans in three residential mortgage-backed securities trusts. ...more

Orrick - Finance 20/20

U.S. Bank Sues Citigroup in Connection with $528 Million of RMBS

Orrick - Finance 20/20 on

On December 22 and 23, U.S. Bank National Association, as trustee for three RMBS trusts, filed three separate summonses with notice in the Supreme Court of the State of New York. U.S. Bank alleges that Citigroup...more

Orrick - Finance 20/20

Rating Agency Developments - July 03, 2013

On June 27, Fitch released its criteria for rating securitizations in emerging markets. On June 26, S&P released a request for comment on its proposed criteria for rating real estate companies. Comments must be submitted by...more

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