HSBC Reaches Deal To Settle NCUA Suit Over RMBS

By Jon Hill · January 4, 2022, 8:59 PM EST

HSBC's U.S. banking arm has reached a tentative deal to resolve long-running claims tied to its role as trustee for residential mortgage-backed securities that were sold to several now-failed corporate credit...

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Case Information

Case Title

National Credit Union Administration Board et al v. HSBC Bank US, National Association

Case Number

1:15-cv-02144

Court

New York Southern

Nature of Suit

Other Statutory Actions

Date Filed

March 20, 2015