Southern District Judge Jed Rakoff last week ordered Flagstar Bancorp Inc. to pay monoline bond insurer Assured Guaranty Municipal Corp. $90.1 million plus attorney fees following a bench trial in a lawsuit accusing Flagstar of misrepresenting the risks associated with mortgage-backed securities.
Font Size: 
Ruling Favors Insurers in MBS Litigation
New York Law Journal
February 11, 2013
This article requires premium access
This article requires premium access to Connecticut Law Tribune. Please sign in or subscribe to read the full text.
