Lehman Seeks to Expand MBS Lawsuits Against Loan Originators; NY Court Rules on Accrual Clauses
November 2, 2018
The Southern District of New York Bankruptcy Court this week granted a motion by Lehman Brothers Holdings to add indemnification claims against its former brokers and loan correspondents based on the allegedly defective loans at issue in a $2.3 billion settlement with non-agency MBS trustees.