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NCUA Files Another MBS Lawsuit
By Claude R. MarxThe NCUA has sued RBS Securities for $685 million, alleging that that firm misled Western Corporate FCU (WesCorp) when it sold it mortgage-backed securities.
CU Times' coverage of the NCUA, America's Credit Unions, DCUC, as well as federal and state regulatory issues impacting credit unions.
The NCUA has sued RBS Securities for $685 million, alleging that that firm misled Western Corporate FCU (WesCorp) when it sold it mortgage-backed securities.