NCUA Sues Wells Fargo Over Failures As RMBS Trustee
By Evan Weinberger ( December 23, 2014, 4:19 PM EST) -- The U.S. credit union regulator on Tuesday announced a lawsuit against Wells Fargo & Co. alleging that the bank's failures as the trustee on 27 residential mortgage-backed securities trusts contributed to the collapse of five credit unions that had purchased $2.4 billion worth of the securities....
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