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Tuesday, July 17, 2012

Syncora Guarantee Settles its Countrywide Litigation

Announces Completion of Additional Remediations NEW YORK, July 17, 2012 /PRNewswire/ -- Syncora Holdings Ltd. ("Syncora") today announced that its wholly owned, New York financial guarantee insurance subsidiary, Syncora Guarantee Inc. ("Syncora Guarantee" or the "Company"), had settled its RMBS-related claims and other claims, with Countrywide Financial Corporation, Bank of America Corporation and affiliates thereof.  In return for releases of all claims the Company has against Country...continued
 

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