December 18, 2014
U.S. Bank agreed Wednesday to pay $6 million to a class of investors to settle allegations in New York federal court that it didn't cure clear defects in loans bundled into mortgage-backed securities that it trusteed.
June 03, 2013
A New York federal judge on Monday dismissed key class action claims launched by an Oklahoma pension fund alleging U.S. Bank NA failed to properly protect investors in its role as trustee for a series of mortgage-backed securities.