Try our Advanced Search for more refined results

Ambac Rips Countrywide RMBS 'Factory' As $2.7B Trial Starts

By Rachel Scharf ( September 7, 2022, 8:03 PM EDT) -- Countrywide Home Loans Inc. put Ambac Assurance Corp. on the hook for $2.7 billion by secretly churning out shoddy residential mortgage-backed securities in the "worst of the worst" of pre-2008 loan practices, the insurer's counsel told a Manhattan judge on the first day of a long-awaited trial Wednesday....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!