RMBS Investors Barred From Sampling Loans In HSBC Suits

By Jon Hill (February 26, 2018, 9:09 PM EST) -- A New York federal judge on Friday backed a magistrate judge's conclusion that investors in residential mortgage-backed securitization trusts overseen by HSBC Bank USA NA can't use sampling of loans in those trusts to establish liability and damages in their suits accusing the bank of bungling its duties as trustee....

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