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Nomura Found Liable Following FHFA Mortgage Bond Trial

By Max Stendahl (May 11, 2015, 1:20 PM EDT) -- A New York federal judge on Monday found Nomura Holdings Inc. liable for selling shoddy mortgage bonds to Fannie Mae and Freddie Mac before the 2008 financial crisis, ruling in favor of the Federal Housing Finance Agency following a high-profile bench trial....

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