The brand new Legal away from Is attractive confirmed the view of Appellate Department concluding the claims asserted from the plaintiff Ambac Warranty Company when you look at the the appeal of Supreme Court’s view inside the a suit up against defendant Nationwide Home loans, Inc
Ambac, good monoline economic guarantee insurance company, agreed to insure money regarding principal and you can attract owed towards holders regarding domestic mortgage-backed securities backed because of the Countrywide.