RBS Securities Faces RMBS Suit

19 Jan 2012

RBS Securities has been slapped with a lawsuit by CUNA Mutual Insurance Society and other insurers for alleged misrepresentation about the credit quality of the loans in several mortgage-backed residential mortgage sold by the firm between 2004 and 2007.

RBS Securities has been slapped with a lawsuit by CUNA Mutual Insurance Society and other insurers for alleged misrepresentation about the credit quality of the loans in several mortgage-backed residential mortgage sold by the firm between 2004 and 2007. The plaintiffs are seeing to recover $72 million in ...

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