Cases & Deals

MBIA Insurance has interest in Taylor Bean bankruptcy

Clients MBIA Insurance Corporation

Jones Day represents MBIA Insurance Corporation's interest as a creditor of Taylor Bean & Whitaker Mortgage Corp. (TBW). TBW was the 12th largest mortgage lender at the time of its ch. 11 filing. The Federal Housing Administration suspended TBW, an Ocala, Florida company, in early August thereby preventing the company from originating and underwriting new FHA-insured mortgages.