Judge Won't Excuse UBS From 1st Trial In FHFA MBS Cases

By Maria Chutchian (June 13, 2012, 8:03 PM EDT) -- A New York federal judge on Wednesday refused to allow UBS Americas Inc. to beg off as the first defendant to be tried in 16 suits brought by the Federal Housing Finance Agency over failed mortgage-backed securities sold to Fannie Mae and Freddie Mac....

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