The monolines suing JP Morgan for RMBS putbacks got a BIG win today in Federal court. Judge Crotty showed he wasn’t buying the banks fancy legal arguments about needing to show a loan already blew up before you get your money back because you issued reps and warranties that weren’t actually true. This means New … Continue reading Federal Judge Makes it Easier for Monolines to win Big Damages in JP Morgan RMBS Putback Suits