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NCUA Reviewing RMBS Court Decisions To Decide What's Next

The National Credit Union Administration Board is reviewing its options and will pursue its claims vigorously. That is what the agency said after a federal judge in Los Angeles Friday ruled NCUA waited too long before filing some of its claims against Goldman Sachs over losses from residential mortgage-backed securities sold to U.S. Central FCU and Western Corporate FCU, which no longer exist.

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