Tuesday, July 11, 2017

FDIC may revive three U.S. bank lawsuits over soured mortgage debt

NEW YORK (Reuters) - A federal judge granted the FDIC permission to revive lawsuits against Citigroup Inc , Bank of New York Mellon Corp and U.S. Bancorp that he had dismissed last September, to recoup more than $695 million of losses on soured mortgage debt that a failed Texas bank once owned....(read more)
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