Judge Wu says agency waited too long to file claim over failed securities, same reason Kansas City case was dismissed.
Federal judge in Kansas City cites statute of limitations in corporates collapse case.
Irene Dorner blames herself — and her female colleagues — for the lack of women on Wall Street.
The NCUA reported April 2 that it scored a $165 million win against Wall Street, reaching a settlement with Bank of America over residential mortgage-backed securities losses at failed corporate credit unions. Bank of America did not admit fault as part of the settlement, the NCUA said in a release.
Agency posts list of actions against securities firms since financial crisis began.
Checks to range from $300 to $125,000 as result of enforcement actions against 13 servicers, including the nation's largest banks.
Corporate collapse settlement totals now top $335 million, agency says. Lawyers to get $84 million. Corporate rescue assessment to be determined.
Thirteen institutions expected to also undertake loss mitigation efforts focused on foreclosure prevention in OCC/Fed settlement.
The out-of-the-blue October closure of Pano Logic, a Redwood City, Calif.-based provider of virtual end user systems, shocked its clients, which included at least three credit unions–the $3.4 billion Redstone Federal Credit Union of Huntsville, Ala.; the $701 million Vantage Credit Union of Bridgeton, Mo.; and the $1.35 billion Central...
The out-of-the-blue October closure of Pano Logic, a Redwood City, Calif.-based provider of virtual end user systems, shocked its clients.