Legal Opinion
Federal Home Loan Mortgage Corporation v. Twin City Fire Insurance Company
District Court, District of Columbia
Decided November 8, 2024No. Civil Action No. 2023-1758Published
1Opinion of the Court
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA FEDERAL HOME LOAN MORTGAGE CORPORATION, Plaintiff, Case No. 23-cv-1758-CRC v. TWIN CITY FIRE INSURANCE COMPANY, et al., Defendants. MEMORANDUM OPINION AND ORDER Since 2007, the Federal Home Loan Mortgage Corporation (“Freddie Mac” or “Freddie”) has spent millions on the legal fallout from its connection to the subprime mortgage crisis. In this case, it seeks to recover some of those costs from certain of its “excess” insurers (“the Defendant Insurers”), whose coverage responsibilities kick in only when Freddie Mac’s prior levels of…
2Cases cited8 opinions
- Joseph Peters v. National Railroad Passenger CorporationCourt of Appeals for the D.C. Circuit · 1992
- Schuler v. PRICEWATERHOUSECOOPERS, LLPCourt of Appeals for the D.C. Circuit · 2008
- Axis Reinsurance Company v. Northrop Grumman CorporationCourt of Appeals for the Ninth Circuit · 2020
- Biochemics, Inc. v. Axis Reinsurance CompanyCourt of Appeals for the First Circuit · 2019
- Office Depot, Inc. v. National Union Fire InsuranceDistrict Court, S.D. Florida · 2010
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