NCUA Sues Credit Suisse Over MBS Sold to Credit Unions

The National Credit Union Administration sued Credit Suisse Group, charging the Zurich-based company with misleading three corporate credit unions about the riskiness of mortgages that backed securities Credit Suisse bundled and sold to them.

Article source: http://www.nationalmortgagenews.com/dailybriefing/ncua-sues-credit-suisse-1032502-1.html

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