Pittsburgh Bank's Suit Over Rating of Mortgage-Backed Securities Survives

An Allegheny County judge narrowed the scope of claims a Pittsburgh-area bank made against several rating agencies and a number of J.P. Morgan entities involved in the rating, underwriting and sale of $1.7 billion in mortgage-backed securities certificates the bank says are now worth only 60 percent of that.

By | 2011-01-13T08:26:53+00:00 January 13th, 2011|Uncategorized|0 Comments

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