The plaintiff in the case, Walnut Place, represents investors in Countrywide MBS who are trying to block Bank of New York Mellon ? [...]
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Sunday, August 28, 2011
Investors plant legal trap to halt $8.5 billion MBS settlement
Investors in soured Countrywide mortgage-backed securities used a legal trap Friday to block a controversial $8.5 billion MBS settlement between The Bank of New York Mellon and Bank of America (BAC: 7.76 +1.44%).
The plaintiff in the case, Walnut Place, represents investors in Countrywide MBS who are trying to block Bank of New York Mellon ? [...]
The plaintiff in the case, Walnut Place, represents investors in Countrywide MBS who are trying to block Bank of New York Mellon ? [...]
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