HSBC Lobs $69M Suit At Nomura Unit Over Mortgage Pool

By Natalie Rodriguez (November 6, 2012, 7:54 PM EST) -- As trustee of Nomura Home Equity Loan Inc., HSBC Bank USA NA has sued one of the company's former affiliates in New York state court for breach of contract, seeking at least $69 million over a securitized loan pool it alleges is riddled with credit quality misrepresentations....

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