The latest in a series of settlements that date back to the financial crisis will cost the Royal Bank of Scotland $1.1 billion, which it will pay to the National Credit Union Administration in order to settle claims related to faulty #mortgage-backed securities sold to U.S. credit unions. http://www.housingwire.com/articles/38143-rbs-to-pay-11-billion-to-ncua-over-mortgage-securities-settlement ❤️ #share #mortgage
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