{"id":2924,"date":"2015-10-19T20:24:02","date_gmt":"2015-10-19T20:24:02","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=2924"},"modified":"2015-10-19T20:24:02","modified_gmt":"2015-10-19T20:24:02","slug":"us-bank-bank-of-america-win-dismissal-of-mortgage-claims","status":"publish","type":"post","link":"https:\/\/fenello.com\/oldnews\/proseaction\/?p=2924","title":{"rendered":"US Bank, Bank of America win dismissal of mortgage claims"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.reuters.com\/article\/2015\/05\/18\/us-mortgages-lawsuits-dismissal-idUSKBN0O32D020150518','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/s2.reutersmedia.net\/resources\/r\/?m=02&amp;d=20150518&amp;t=2&amp;i=1049401613&amp;w=&amp;fh=545px&amp;fw=&amp;ll=&amp;pl=&amp;sq=&amp;r=LYNXMPEB4H143\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.reuters.com\/article\/2015\/05\/18\/us-mortgages-lawsuits-dismissal-idUSKBN0O32D020150518\\'&gt;US Bank, Bank of America win dismissal of mortgage claims&lt;\/a&gt;The dismissals came in three decisions late Monday by U.S. District Judge Katherine Forrest in Manhattan. In the first, Forrest rejected an attempt by funds from BlackRock Inc (BLK.N), Allianz SE\\'s (ALVG.DE) Pacific Investment Management Co and TIAA-CREF to hold US Bancorp liable for alleged defects in 843 RMBS trusts collateralized by $778.6 billion of loans, causing tens of billions of dollars of losses.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2015%2F05%2F18%2Fus-mortgages-lawsuits-dismissal-idUSKBN0O32D020150518\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.reuters.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Reuters&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/s2.reutersmedia.net\/resources\/r\/?m=02&#038;d=20150518&#038;t=2&#038;i=1049401613&#038;w=&#038;fh=545px&#038;fw=&#038;ll=&#038;pl=&#038;sq=&#038;r=LYNXMPEB4H143\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.reuters.com\/article\/2015\/05\/18\/us-mortgages-lawsuits-dismissal-idUSKBN0O32D020150518'>US Bank, Bank of America win dismissal of mortgage claims<\/a>The dismissals came in three decisions late Monday by U.S. District Judge Katherine Forrest in Manhattan. In the first, Forrest rejected an attempt by funds from BlackRock Inc (BLK.N), Allianz SE&#8217;s (ALVG.DE) Pacific Investment Management Co and TIAA-CREF to hold US Bancorp liable for alleged defects in 843 RMBS trusts collateralized by $778.6 billion of loans, causing tens of billions of dollars of losses.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2015%2F05%2F18%2Fus-mortgages-lawsuits-dismissal-idUSKBN0O32D020150518\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.reuters.com\" class=\"media-attribution-link\" target=\"_blank\">Reuters<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US Bank, Bank of America win dismissal of mortgage claimsThe dismissals came in three decisions late Monday by U.S. District Judge Katherine Forrest in Manhattan. In the first, Forrest rejected an attempt by funds from BlackRock Inc (BLK.N), Allianz SE&#8217;s &hellip; <a href=\"https:\/\/fenello.com\/oldnews\/proseaction\/?p=2924\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2924","post","type-post","status-publish","format-standard","hentry","category-proseaction"],"_links":{"self":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=2924"}],"version-history":[{"count":1,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2924\/revisions"}],"predecessor-version":[{"id":2925,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2924\/revisions\/2925"}],"wp:attachment":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=2924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=2924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=2924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}