Assured Guaranty’s court win could spark new wave of RMBS litigation

Assured Guaranty Corp.’s $90.1 million victory over a Michigan bank it accused of misrepresenting the quality of roughly $900 million in residential mortgage-backed securities covered by Assured could open the floodgates for similar litigation and leave global banks facing comparable suits far more inclined to settle, experts said Thursday.

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please