2nd Circ. Amends Revival Of Mortgage-Backed Securities Suit

By Kellie Mejdrich · April 22, 2026, 7:22 PM EDT

The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under federal...

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Documents

Case Information

Case Title

Powell v. Ocwen Financial Corporation

Case Number

Court

Appellate - 2nd Circuit

Nature of Suit

3791 LABOR LAWS-Retirement Act 1974

Date Filed

June 30, 2023

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