Nomura Presses 2nd Circ. For RMBS Coverage From Federal

By Pete Brush (October 13, 2015, 11:52 PM EDT) -- Nomura Holdings told the Second Circuit on Friday that a federal judge got mixed up in denying a unit of the Japanese megabank coverage under a Federal Insurance Co. policy for five fraud suits tied to bad residential mortgage-backed securities — and appeared to win the sympathy of at least one appellate judge....

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