- New York federal courts says HSBC Bank USA NA will face suit from National Credit Union Administration for over $2 billion in mortgage backed securities that HSBC served as trustee for.
- In the US DOJ’s reply in Quicken Loans suit against the government, the DOJ claims it is a preempted False Claims Act challenge.
- The Second Circuit accepted force-placed insurance defense in suit against Balboa Insurance Co., after finding the insurer’s premium rates were state approved.
