Federal Housing Finance Agency v. Nomura Holding America, Inc. et al

1:11-cv-06201

October 22, 2014
Nomura Says FHFA Can't Back Up Timeline In MBS Suit

Nomura Holding America Inc. told a New York federal court Tuesday that the Federal Housing Finance Agency can't back up its contention that it was oblivious before 2008 that Fannie Mae and Freddie Mac were sold toxic residential mortgage-backed securities — a claim that would sink the bank's statute of limitations defense.
August 28, 2014
FHFA Defeats Time-Barred Claim In HSBC, Nomura Suits

A New York federal judge ruled Thursday that a recent U.S. Supreme Court decision narrowing statutes of limitations does not apply to the Federal Housing Finance Agency claims alleging HSBC North America Holdings Inc. and other banks knowingly sold toxic residential mortgage-backed securities to Fannie Mae and Freddie Mac.
May 06, 2014
Fannie, Freddie Didn't Know MBS Loans Were Toxic: FHFA

Fannie Mae and Freddie Mac didn't know of the falsity of misrepresentations that banks made when selling them toxic mortgage-backed securities before the financial crisis, the Federal Housing Finance Agency claimed in court documents publicly filed Tuesday.
December 11, 2013
Defendants Can't Escape Liability In FHFA Securities Case

A New York federal judge on Tuesday said that a U.S. Securities and Exchange Commission rule altered in 2005 made no fundamental changes to liability under the shelf registration process for mortgage-backed securities, meaning a number of defendants in the multidistrict litigation are still on the hook.