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By Claude R. Marx |
September 18, 2011
The NCUA says it's not developing a contingency plan for helping credit unions that stay deal with any new costs from more departures.
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By Claude R. Marx |
June 27, 2011
See you in court.
After failing to reach an agreement with two of the largest investment bank to recover losses from mortgage-backed securities sold to corporate credit unions, the NCUA last week filed civil lawsuits against RBS Securities, a Royal Bank of Scotland unit, and J.P. Morgan Securities. The agency is...
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By Claude R. Marx |
June 23, 2011
Experienced litigators in such matters retained by agency, which declines to speculate on costs.
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By Claude R. Marx |
April 7, 2010
Though there aren't any conversion applications pending, past problems during certain merger past efforts triggered the draft rules that the NCUA issued on the subject last month.