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Home » Store » Investors » NY Court Clears BofA’s $8.5B MBS Settlement with Investors; Nomura Goes to Court Against FHFA

NY Court Clears BofA’s $8.5B MBS Settlement with Investors; Nomura Goes to Court Against FHFA

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The dispute around an $8.5 billion settlement between Bank of America and non-agency MBS investors may be at an end after a New York state appeals court signed off on the deal. The agreement would mean a quick end to a lengthy legal battle over a settlement that was first announced on June 28, 2011. It also means the agreement could become the template for all representations-and-warranties settlements with large institutional investors, analysts said. BofA agreed...
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