Relevant:
- Hawaii Court rules: No valid assignment means Deutsche has no standing to foreclose
- Rakoff delivers enormous gift to MBS bond insurers, noteholders
- FDIC Objects to Bank of America's Proposed $8.5 Billion Mortgage-Bond Pact
- Hon. Philip S. Straniere -- The judge in the "Sixth Sense" part of the Civil Court...
- New law for home loan consultants poses hurdle
2008-11-01 — blogspot.com
"In this case, the court ruled for the plaintiff and awarded a multi-million dollar judgment. What makes this interesting is that in this court filing, the Plaintiff objects to the bond issued by CNA Surety’s subsidiary, Western Surety, on the grounds that no one knows what an A.M. Best's rating means any more, especially a rating that is 10 months old."
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