Kalitamara L. Moody's practice focuses on complex commercial litigation in state and federal courts. Her recent representations include the Federal Housing Finance Agency, as conservator for Fannie Mae and Freddie Mac, in actions in federal and state courts against numerous financial institutions and individuals. The lawsuits sought rescission or damages from the banks for, among other things, their misrepresentations concerning pools of mortgage loans that underlie residential mortgage-backed securities the banks issued, securitized and sold to Fannie Mae and Freddie Mac. After prevailing on critical pre-trial issues, FHFA settled the actions brought by Kasowitz for over $2 billion, including a $1.25 billion settlement with Morgan Stanley.
Kali also has represented a foreign financial institution in analyzing and bringing claims against major investment banks and other financial institutions concerning billions of dollars of collateralized debt obligations and other structured finance products.
Kalitamara is admitted only in New York.