FHFA v. HSBC NORTH AMERICA HOLDINGS INC.

Nos. 11cv6189 (DLC), 11cv6198 (DLC), 11cv6201 (DLC), 11cv7010 (DLC).

33 F.Supp.3d 455 (2014)

FEDERAL HOUSING FINANCE AGENCY, Plaintiff, v. HSBC NORTH AMERICA HOLDINGS INC., et al., Defendants, And other FHFA cases.

United States District Court, S.D. New York.

Signed July 25, 2014.


Attorney(s) appearing for the Case

Philippe Z. Selendy , Manisha M. Sheth , Andrew R. Dunlap , David B. Schwartz , Quinn Emanuel Urquhart & Sullivan, LLP, Marc E. Kasowitz , Christopher P. Johnson , Michael A. Hanin , Kanchana Wangkeo Leung , Kasowitz, Benson, Torres & Friedman LLP, New York, NY, for plaintiff Federal Housing Finance Agency.

Mark G. Hanchet , John M. Conlon , Michael O. Ware , Mayer Brown LLP, New York, for defendants HSBC North America Holdings Inc., HSBC USA Inc., HSBC Markets (USA) Inc., HSBC Bank USA, N.A., HIS Asset Securitization Corp., HSBC Securities (USA) Inc., Neal Leonard, Gerard Mattia, Todd White, and Jon Voigtman.

Richard H. Klapper , Theodore Edelman , Michael T. Tomaino , Tracy Richelle High, Sullivan & Cromwell LLP, New York, NY, for defendants Goldman, Sachs & Co., GS Mortgage Securities Corp., Goldman Sachs Mortgage Co., The Goldman Sachs Group, Inc., Goldman Sachs Real Estate Funding Corp., Howard S. Altarescu, Kevin Gasvoda, Michelle Gill, David J. Rosenblum, Jonathan S. Sobel, Daniel L. Sparks, and Mark Weiss.

Bruce E. Clark , Katherine J. Stoller , Sullivan & Cromwell LLP, New York, NY, Amanda F. Davidoff , Elizabeth Cassady , Sullivan & Cromwell LLP, Washington, DC, for defendants Nomura Holding America Inc., Nomura Asset Acceptance Corp., Nomura Home Equity Loan, Inc., Nomura Credit & Capital, Inc., Nomura Securities International, Inc., David Findlay, John McCarthy, John P. Graham, Nathan Gorin, and N. Dante LaRocca.

Thomas C. Rice , David J. Woll , Andrew T. Frankel , Alan Turner , Simpson Thacher & Bartlett LLP, New York, NY, for defendant RBS Securities Inc.


OPINION & ORDER

Table of Contents

BACKGROUND .......................................................................459

    I.  Fannie and Freddie .......................................................461

   II.  The Life of a Mortgage Loan
                    
                    
                    

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