The NCUA has filed an $11.8 million claim to recoup losses against the estate of a deceased financial adviser who worked with the defunct New London Security Federal Credit Union.
Lawsuits from angry consumers and card issuers are not the only legal worries Heartland Payment Systems faces in the wake of its 2008 card security breach.
The cost of mortgages and other loans could decline as a result of today's decision by the Federal Reserve to buy up to $300 billion of Treasury securities during the next six months and an additional $750 billion worth of mortgage-backed securities.
