HSBC Gets Stay Of RMBS Indemnification Suit

By Jon Hill ( August 7, 2018, 3:59 AM BST) -- A New York federal judge has stayed Royal Park's proposed class action accusing HSBC of improperly funding its defense in a residential mortgage-backed securities trustee suit using money from the same trusts it's alleged to have mismanaged while denying the National Credit Union Administration's bid to intervene in the matter....

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