Court Greenlights Credit Union Group’s MBS Suit

28 Aug 2013

The U.S. Circuit Court of Appeals in Denver has unanimously affirmed a lower-court ruling that the National Credit Union Administration may proceed with its claims against banks for allegedly misrepresenting the mortgage-backed securities they marketed.

The U.S. Circuit Court of Appeals in Denver has unanimously affirmed a lower-court ruling that the National Credit Union Administration may proceed with its claims against banks for allegedly misrepresenting the mortgage-backed securities they marketed.

Click here to read the story from Bloomberg.

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