News & Analysis as of

National Credit Union Administration Residential Mortgage-Backed Securities Trustees

Orrick - Finance 20/20

NCUA Sues U.S. Bank and Bank of America for Allegedly Failing to Comply with RMBS Trustee Duties

Orrick - Finance 20/20 on

On December 16, National Credit Union Administration filed a lawsuit in the United States District Court for the Southern District of New York against U.S. Bank N.A. and Bank of America N.A., in their capacity as trustees for...more

Orrick - Finance 20/20

NCUA Sues Wells Fargo for Allegedly Failing to Comply with RMBS Trustee Duties

Orrick - Finance 20/20 on

On December 22, National Credit Union Administration sued Wells Fargo, as an RMBS trustee, in the United States District Court for the Southern District of New York. NCUA filed the suit in its capacity as liquidating agent...more

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