Tuesday, October 4, 2016

RBS to pay $120 million to Connecticut to settle toxic #mortgage bond claims

The Royal Bank of Scotland will pay $120 million to settle claims brought by the state of Connecticut, which accused RBS of misrepresenting the quality of #mortgages backing residential #mortgage-backed securities during the run-up to the financial crisis. http://www.housingwire.com/articles/38206-rbs-to-pay-120-million-to-connecticut-to-settle-toxic-mortgage-bond-claims ❤️ #share #mortgage



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