UBS Unit Can't Nix Trusts' Mortgage Loan Buy-Back Suit

By Stewart Bishop (August 15, 2013, 4:27 PM EDT) -- A New York federal judge on Thursday refused to throw out a suit brought by trusts accusing a UBS AG unit of reneging on a deal to buy back certain residential mortgage loans it sold for securitization purposes, finding the trusts' bid for damages doesn't doom the case....

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