RE/MAX Co-founder and Chairman Dave Liniger will be featured on the live webinar series, Secrets of Top Selling Agents, on...
Mortgage insurer United Guaranty Corp. promoted Brian Gould to the position of chief operating officer. Gould joined the...
Bond insurer MBIA ($15.36 0%) has had its share of successes in court as it sues various financial firms on the grounds that it’s owed a recovery on claims the insurer paid out on mortgage-backed securities.
But the insurer was not as lucky in a suit against the Federal Deposit Insurance Corp.
MBIA alleged in court that the regulator refused to reimburse it for losses on MBS contracts that MBIA insured after IndyMac’s collapse.
However, the Washington D.C. Circuit court dismissed MBIA’s suit against FDIC last week, according to Law 360.
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