Bloomberg News

Bank of America Seeks to Dismiss Thornburg Mortgage Lawsuit

September 11, 2011

Sept. 11 (Bloomberg) -- Bank of America Corp. asked a judge to dismiss a lawsuit against it and Countrywide Home Loans Inc. filed by defunct Thornburg Mortgage, now called TMST Inc., saying the trustee liquidating the firm failed “to state a claim,” according to a court filing.

Trustee Joel Sher filed eight lawsuits in bankruptcy court in Baltimore in April, seeking money from JPMorgan Chase & Co. and other banks.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: David E. Rovella at drovella@bloomberg.net


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