News From Law.com
A leading nationwide mortgage lender and servicer NewRez—the largest holder of clean-up call rights for pre-2008 residential mortgage backed securities (RMBS)—has "deliberately and systematically" underpaid defined call prices for RMBS trusts, a new lawsuit filed by HBK Master Fund alleges. Plaintiff is represented by Blair Adams and Jeffrey Arnier of Quinn Emanuel Urquhart & Sullivan.
Banking & Financial Services
December 18, 2023, 2:58 PM