Judge to Reject Dismissal of NCUA’s Goldman MBS Suit

A federal judge has indicated he plans to reject Goldman Sachs Co.’s motion to dismiss NCUA’s suit and continue the case challenging the Wall Street bank over $1.1 billion of faulty residential mortgage-backed securities it sold to U.S. Central FCU and WesCorp FCU, the two biggest credit union failures ever.

Article source: http://www.nationalmortgagenews.com/nmn_features/dismissal-ncua-goldman-mbs-suit-1029425-1.html

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