UBS, Others Can't Nix ResCap Suits Over Bad Mortgage Loans

By Y. Peter Kang (February 3, 2015, 10:08 PM EST) -- A New York bankruptcy judge on Tuesday largely refused to dismiss four lawsuits brought by the Residential Capital LLC bankruptcy trust alleging mortgage originators including UBS Real Estate Securities Inc. and SunTrust Mortgage Inc. sold billions of dollars in defective loans, ruling that the trust has proper standing....

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