Prospects For MBS Class Actions Brighten

24 Aug 2011

The prospects for class actions brought by investors in mortgage-backed securities is brightening as courts now appear to be brushing off defense motions to dismiss the cases.

The prospects for class actions brought by investors in mortgage-backed securities is brightening as courts now appear to be brushing off defense motions to dismiss the cases. In the past week, two federal judges in New York certified MBS classes, a change from earlier this year when judges ...

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