News & Analysis as of

Residential Mortgage-Backed Securities Attorney General

Residential Mortgage-Backed Securities are financial instruments consisting of residential mortgages pooled together to form larger more complex financial commodities.
Cozen O'Connor

The State AG Report Weekly Update July 2018 #1

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Breaking News- Washington Attorney General Reaches Settlement with Seven Fast Food Franchisors Over “No Poach” Provisions in Franchise Agreements- Washington AG Bob Ferguson announced settlements with Arby’s Franchisor,...more

Cozen O'Connor

The State AG Report Weekly Update

Cozen O'Connor on

2018 AG Elections- Democrat Kwame Raoul and Republican Erika Harold Win Illinois AG Primary Races- Democratic State Senator Kwame Raoul defeated seven opponents, including former Illinois Governor Pat Quinn, to win the...more

Cozen O'Connor

The State AG Report Weekly Update

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2018 AG Elections- Democrat Paul Doyle and Republican Susan Hatfield Declare Candidacies for Connecticut Attorney General- Democratic Connecticut state Senator Paul Doyle and Republican Susan Hatfield, a state...more

Dorsey & Whitney LLP

Lessons From the Market Place: The Importance of Compliance

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An effective program is a key corporate function of increasing importance. It can be a competitive advantage, creating a tone of excellence which permeates the firm’s culture, products, services and customer relations....more

Orrick - Finance 20/20

S&P Settles RMBS Lawsuits for $1.375 Billion

Orrick - Finance 20/20 on

On February 2, Standard & Poor’s Ratings Services settled claims brought by the Department of Justice, 19 states and the District of Columbia related to credit ratings it issued and maintained for RMBS and CDOs before the...more

Burr & Forman

S&P’s $1.4BN Settlement with DOJ and State AGs on RMBS/CDO Ratings

Burr & Forman on

On February 3, the Department of Justice and 19 State Attorneys General announced their $1.375 Billion settlement of DOJ’s FIRREA suit and related State AG actions against Standard & Poor’s and its parent McGraw-Hill...more

Burr & Forman

SEC & AGs Fine & Suspended S&P for MBS Rating Violations

Burr & Forman on

The SEC and the Attorneys General of New York and Massachusetts this week fined Standard & Poor’s almost $77 million, suspended S&P from conduit-fusion CMBS ratings work for a year and imposed other undertakings, for...more

Orrick - Finance 20/20

Bank of America Discloses NYAG Investigation and SEC Inquiry into RMBS Practices

In its February 28, 2013 Form 10-K filed with the SEC, Bank of America disclosed that it is under investigation by the New York Attorney General over its purchase, securitization and underwriting of home loans and RMBS....more

Orrick - Finance 20/20

California Attorney General Brings Action Against Standard and Poor’s

Orrick - Finance 20/20 on

On February 5, the Attorney General of California, Kamala D. Harris, filed suit in Superior Court in California against Standard & Poor’s and its parent company, the McGraw Hill Company. The Complaint alleges violations of...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review - February 19, 2013

In This Issue: - Financial Industry Developments •CFPB Implementation Plan for Mortgage Rules •FDIC Proposed Rule on Insured Deposits at Foreign Branches of U.S. Banks •CFPB Bulletin on Servicers'...more

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