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Volume 2014 - Number 9

March 7, 2014

NY Appeals Court Reinstates Assured Guaranty’s Lawsuit Against Credit Suisse, First Horizon Settles with Freddie

A New York appeals court last week revived Assured Guaranty Corp’s claims for damages in its lawsuit against Credit Suisse Group AG concerning $1.8 billion in residential MBS. New York’s Appellate Division, First Department, unanimously reversed a trial court’s decision dismissing Assured Guaranty Municipal Corp.’s claims for rescissory and consequential damages in an action against Credit Suisse. Assured filed...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.



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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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