RMBS Seller's Bankruptcy Axes Class Suit Against Citibank
By Dunstan Prial ( March 22, 2018, 6:57 PM EDT) -- A New York federal judge on Tuesday dismissed a proposed class action alleging Citibank NA failed to properly oversee investments in certain residential mortgage-backed securities, saying the bankruptcy of the companies that sold and serviced the securities had blocked the bank from taking steps that might have helped investors....
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