NEW YORK FEDERAL JUDGE LIMITS TRUSTS' SUIT AGAINST UBS OVER FAULTY LOANS MASTR Adjustable Rate Mortgages Trust 2006-OA2 v. UBS Real Estate Sec. | Secondary Sources | Westlaw

NEW YORK FEDERAL JUDGE LIMITS TRUSTS' SUIT AGAINST UBS OVER FAULTY LOANS MASTR Adjustable Rate Mortgages Trust 2006-OA2 v. UBS Real Estate Sec. | Secondary Sources | Westlaw

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21 No. 4 Westlaw Journal Derivatives 7
Westlaw Journal Derivatives
*1 January 16, 2015
Mortgage-Backed Securities
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NEW YORK FEDERAL JUDGE LIMITS TRUSTS' SUIT AGAINST UBS OVER FAULTY LOANS

MASTR Adjustable Rate Mortgages Trust 2006-OA2 v. UBS Real Estate Sec.

A lawsuit accusing UBS Real Estate Securities of misrepresenting the quality of the loans underlying $6.7 billion in mortgage-backed securities will continue without the theory that the bank committed a “pervasive breach,” a New York federal judge...
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