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Jan 23, 2015, 05:18 ET Certificateholders Issue Notice Of Non-Performance Identifying Alleged Failures By Ocwen Financial Corporation As Servicer Or Master Servicer To Perform Covenants And Servicing Agreements In 119 Residential Mortgage Backed Securities Trusts

Today, the Holders of 25% Voting Rights in 119 Residential Mortgage Backed Securities Trusts (RMBS) with an original balance of more than $82 billion ...

Mar 14, 2013, 11:02 ET Gibbs & Bruns Announces $400 Million Settlement In National Century Financial Enterprises Litigation

Gibbs & Bruns LLP announced today that it reached a $400 million settlement with Credit Suisse Securities LLC ("Credit Suisse") on behalf of its...

May 14, 2012, 08:16 ET 17 Institutional Investors Obtain Agreement From Rescap Debtors To Stipulate To $8.7 Billion Allowed Claim For RMBS Trusts In Rescap Bankruptcy

Today, seventeen institutional investors (RMBS Holders) represented by Gibbs & Bruns LLP and Ropes & Gray LLP announced they had achieved an...

Jan 05, 2012, 10:00 ET Institutional Bondholders Issue Instructions to Two Trustees to Open Investigations of Ineligible Mortgages in Over $19 Billion of Wells Fargo-Issued RMBS

Gibbs & Bruns LLP announced today that its clients have issued instructions to US Bank and HSBC, as Trustees, to open investigations of ineligible...

Jun 29, 2011, 07:00 ET 22 Institutional Investors in Countrywide-Issued RMBS Announce Global Settlement of Mortgage Repurchase and Servicing Claims for 530 Countrywide-Issued RMBS Trusts

Today, 22 institutional investors represented by Gibbs & Bruns LLP ("Institutional Investors") announced they had achieved a settlement with Bank of...

Mar 15, 2011, 01:00 ET Gibbs & Bruns LLP Wins $116 Million Fraud Verdict Against Dallas Billionaire Trevor Rees-Jones and Devon Energy Production Company, L.P.

Gibbs & Bruns LLP announced today that a Texas jury awarded a $116 million fraud verdict late Monday against Dallas billionaire Trevor Rees-Jones and ...

Oct 18, 2010, 08:05 ET Institutional Holders of Countrywide-Issued RMBS Issue Notice of Non-Performance Identifying Alleged Failures by Master Servicer to Perform Covenants and Agreements in More Than $47 Billion of Countrywide-Issued RMBS

oday, the holders of over 25% of the Voting Rights in more than $47 billion of Countrywide-issued RMBS sent a Notice of Non-Performance (Notice) to...