Credit Union Group Sues Over MBS

30 Aug 2013

The National Credit Union Administration has filed suit in U.S. District Court in Kansas against Morgan Stanley and other firms, alleging violations of federal and state securities laws in the sale of more than $566 million in mortgage-backed securities to the U.S. Central and WesCorp corporate credit unions.

The National Credit Union Administration has filed suit in U.S. District Court in Kansas against Morgan Stanley and other firms, alleging violations of federal and state securities laws in the sale of more than $566 million in mortgage-backed securities to the U.S. Central and WesCorp corporate credit unions.

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