Interest Charge Brings UBS Credit Union Settlement To $70M

By Evan Weinberger · April 15, 2016, 6:23 PM EDT

The federal government's credit union watchdog on Friday said that the total value of a previously announced settlement with a UBS AG unit over the sales of faulty mortgage-backed securities would...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Letter

Case Information

Case Title

National Credit Union Administration Board v. UBS Securities, LLC

Case Number

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

September 23, 2013

Recent Articles By Evan

January 31, 2018
CFPB Constitutional Fight Faces Tough Supreme Court Path
January 31, 2018
CFPB Structure Is Constitutional, DC Circ. Says In Reversal
January 12, 2018
Fed Fines 5 Banks $35M To Wrap Mortgage Servicing Claims
January 04, 2018
Sessions' Reversal Likely To Kill Any Pot Buzz For Banks
January 03, 2018
PHH To Pay $45M In Nearly Nationwide Servicing Settlement
January 02, 2018
Shoddy PwC Audits Led To Bank Failure, Judge Rules
December 21, 2017
CFPB Plans To Reopen Mortgage Disclosure Rulemaking
December 21, 2017
Treasury, FHFA Allow Fannie And Freddie To Retain Capital
December 06, 2017
Hensarling Opens The Door For Housing Compromise
December 05, 2017
Dodd-Frank Rollback Bill Moves Out Of Committee Unchanged