Saturday , 23 January 2021

Judge Throws Out Much of RMBS Suit Against BofA

By Brian Honea

U.S. District Judge Stanley Chesler in Newark ruled that Prudential failed to show sufficient proof that Bank of America and its Merrill Lynch misrepresented the quality of its loans backing securities to ratings agencies, according to reports.

The post Judge Throws Out Much of RMBS Suit Against BofA appeared first on theMReport.com.

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