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10th Circ. Won't Halt MBS Suit Despite High Court CTS Ruling

By Ed Beeson (August 20, 2014, 3:08 PM EDT) -- The Tenth Circuit has given the green light for a federal regulator to proceed in its claims against banks over $1.74 billion of soured mortgage bond deals that capsized two credit unions, saying the U.S. Supreme Court's recent CTS Corp. decision did not upend its original opinion that the suits were not time-barred....

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