National Credit Union Administration Board v. JP Morgan Chase Bank, N.A. et al
Case Number:
2:13-cv-02012
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Companies
Government Agencies
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September 04, 2013
Claims Pared From UBS, JP Morgan MBS Suits
A Kansas federal judge on Tuesday trimmed a pair of lawsuits accusing JP Morgan Securities LLC, UBS Securities LLC and others of misrepresenting the risk of about $2 billion in residential mortgage-backed securities it sold to two now-defunct credit unions, saying many of the claims were time-barred by the so-called extender statute.
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March 12, 2013
JPMorgan Says NCUA's $2.2B Faulty MBS Suit Too Late
JPMorgan Chase Bank NA on Monday asked a Kansas federal judge to dismiss a National Credit Union Administration suit accusing its predecessor Washington Mutual Bank NA of misrepresenting more than $2.2 billion in mortgage-backed securities, saying NCUA had brought its claims too late.