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Credit Union

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Credit Suisse becomes latest to settle with NCUA over credit union RMBS losses 

Mar 25, 2016By

The NCUA said that this settlement with Credit Suisse is only for the Members United and Southwest corporate credit unions, and stated that it still has litigation pending in federal court in Kansas against Credit Suisse for sales of faulty residential mortgage-backed securities to U.S. Central and other corporate credit unions.