Banks Told RMBS Subpoena Order Is 'Cost Of Doing Business'
By Stewart Bishop ( January 12, 2018, 11:24 PM EST) -- A New York federal judge on Friday refused pleas from banks and mortgage companies to scale back his order allowing costly subpoenas for loan documents to go forward in a U.S. Department of Justice civil action against Barclays PLC over $31 billion worth of toxic residential mortgage-backed securities, saying it's the cost of doing business....
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