mortgage-backed securiteis

UBS Pays $445M Over Credit Union MBS Losses
Risk & Compliance

UBS Pays $445M Over Credit Union MBS Losses

The Swiss bank was accused of misrepresenting the risks of roughly $1.15 billion of RMBS it sold to the U.S. Central and Western corporate credit unions.
By Matthew Heller | May 1, 2017
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Deutsche, Credit Suisse Settle MBS Cases for $12B
Risk & Compliance

Deutsche, Credit Suisse Settle MBS Cases for $12B

The settlements with U.S. authorities ease investor concerns over the impact of the MBS scandal on the shaky European banking industry.
By Matthew Heller | December 23, 2016
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