bank of america 01U.S. District Judge Frees Bank of America Corp (NYSE:BAC) From NSUA Claims


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by David Riley


Amid growing uncertainty in the market, Bank of America Corp (NYSE:BAC) has something to cherish. As per the reports, a U.S. District Judge in Manhattan has freed BAC from NCUA (National Credit Union Administration) claims. NCUA accused Bank of America along with U.S. Bancorp USB of failure to fulfill their assigned duties as RNBS (residential mortgage-backed securities) trustees.

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