Experienced litigators in such matters retained by agency, which declines to speculate on costs.
The NCUA on Monday filed suit to recover more than $800 million from JP Morgan Securities and RBS Securities for losses from what the agency alleges were faulty securities.
NCUA Chair Debbie Matz touts sale as "milestone in our corporate resolution plan" after conserving five corporates last year.
NCUA Inspector General quietly reports corporate losses, says others expected to be "much higher still."
Southeast Corporate Federal Credit Union announced Monday it has been given the NCUA's green light to offer its Perpetual Contributed Capital subscription plan.