FHFA Kicks Off $1B MBS Trial Against Nomura, RBS

By Max Stendahl · March 16, 2015, 2:24 PM EDT

Nomura Holdings Inc. and RBS Securities Inc. engaged in "rampant" mortgage bond abuses before the 2008 financial crisis and saddled Fannie Mae and Freddie Mac with more than $1 billion in...

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